This form is signed on behalf of the Unit Operator in the Unit Agreement. The Agreement serves to unitize the Formation in lands and oil and gas leases which are more fully described in Exhibits to the Agreement. The description of the lands and the oil and gas leases contained in the Exhibits to the Agreement are incorporated into this Certificate for all purposes, and reference is made to the Agreement for a full description of the lands and oil and gas leases.
Delaware Certificate of Effectiveness of Unit is an official document issued by the State of Delaware that denotes the successful formation or reorganization of a unit under the Delaware Limited Liability Company Act (LLC Act). This certificate serves as evidence of compliance with state laws and regulations regarding the creation and operation of limited liability companies (LCS) in Delaware. Keywords: Delaware, Certificate of Effectiveness of Unit, formation, reorganization, Delaware Limited Liability Company Act, LLC Act, compliance, limited liability companies, LLC. There are various types of Delaware Certificates of Effectiveness of Unit, based on the specific purpose for which they are issued. Some common types include: 1. Formation Certificate: This type of certificate is obtained when establishing a new LLC in Delaware. It signifies that the company's formation documents, such as the Certificate of Formation and the Operating Agreement, have been properly filed with the Delaware Division of Corporations. 2. Reorganization Certificate: If an existing LLC undergoes reorganization, such as a merger, consolidation, or conversion, a Reorganization Certificate is obtained. It verifies that the necessary legal steps have been taken to complete the reorganization process in accordance with Delaware law. 3. Name Change Certificate: Whenever an LLC wants to modify its legal name, a Name Change Certificate is obtained. This certificate reflects the updated name of the company after filing the appropriate documents with the Delaware Division of Corporations. 4. Amendment Certificate: In case there are changes or updates to the LLC's organizational structure, ownership structure, or other essential details, an Amendment Certificate is required. It signifies that necessary amendments have been made to the company's formation documents and updates have been filed with the state. 5. Dissolution Certificate: If an LLC decides to cease its operations and wind up its affairs, a Dissolution Certificate is obtained. This certificate indicates that the LLC has fulfilled all legal requirements for dissolution, including notifying creditors, liquidating assets, and satisfying outstanding obligations. Delaware Certificates of Effectiveness of Unit are vital documents that provide legal recognition and proof of compliance for various aspects of an LLC's formation, reorganization, or operational changes. These certificates demonstrate that the company has adhered to the state's regulations, enhancing its credibility and ensuring legal protection for its members.
