Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty - Long Form

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• Control #: US-OG-518
• Format: Word; Rich Text

Description

This form is used by the Assignor to transfer, assign, and convey to Assignee an overriding royalty interest in a Lease, convertible to a working interest. Title: Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form Keywords: Hawaii, assignment, overriding royalty interest, working interest, multiple leases, limited warranty, long form. Description: The Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that allows for the transfer of an overriding royalty interest in working interest across multiple leases in the state of Hawaii. This detailed description will provide an overview of the document, its purpose, and potential variations. 1. Purpose of Hawaii Assignment of Overriding Royalty Interest: The primary purpose of this document is to legally transfer an overriding royalty interest, which is a share of income from the production of oil, gas, or minerals, from the assignor (the current owner) to the assignee (the new owner). This assignment addresses the working interest, which pertains to the share of costs and operations related to the leases. 2. Multiple Leases and Their Significance: The assignment covers multiple leases, implying that the overriding royalty interest being transferred applies to various contractual agreements related to the exploration and extraction of natural resources across different properties in Hawaii. This inclusion is crucial as it ensures the transfer's validity and adherence to all relevant lease agreements. 3. Limited Warranty Provision: The assignment will likely contain a limited warranty provision, which protects the assignee against any undisclosed or unknown claims, liens, encumbrances, or defects related to the overriding royalty interest being assigned. This provision provides a certain level of assurance to the assignee regarding the validity and soundness of the transfer. Types of Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: 1. Oil and Gas Assignment: This type of assignment specifically focuses on overriding royalty interests related to oil and gas production in Hawaii. It caters to the unique considerations and regulations governing the extraction and distribution of oil and gas. 2. Mining Assignment: Whereas the oil and gas assignment pertains to the hydrocarbon industry, a mining assignment covers overriding royalty interests associated with the extraction of minerals in Hawaii. This may encompass resources such as coal, gold, limestone, or other valuable minerals. 3. Renewable Energy Assignment: In line with the environmentally conscious policies of Hawaii, a renewable energy assignment deals with overriding royalty interests linked to the production of renewable energy sources, such as wind power, solar power, or geothermal energy. The Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form serves as a crucial legal document in facilitating the transfer of overriding royalty interest. Its detailed provisions and variations cater to specific industries and resource types, ensuring compliance with applicable laws and regulations in Hawaii.

Title: Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form Keywords: Hawaii, assignment, overriding royalty interest, working interest, multiple leases, limited warranty, long form. Description: The Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document that allows for the transfer of an overriding royalty interest in working interest across multiple leases in the state of Hawaii. This detailed description will provide an overview of the document, its purpose, and potential variations. 1. Purpose of Hawaii Assignment of Overriding Royalty Interest: The primary purpose of this document is to legally transfer an overriding royalty interest, which is a share of income from the production of oil, gas, or minerals, from the assignor (the current owner) to the assignee (the new owner). This assignment addresses the working interest, which pertains to the share of costs and operations related to the leases. 2. Multiple Leases and Their Significance: The assignment covers multiple leases, implying that the overriding royalty interest being transferred applies to various contractual agreements related to the exploration and extraction of natural resources across different properties in Hawaii. This inclusion is crucial as it ensures the transfer's validity and adherence to all relevant lease agreements. 3. Limited Warranty Provision: The assignment will likely contain a limited warranty provision, which protects the assignee against any undisclosed or unknown claims, liens, encumbrances, or defects related to the overriding royalty interest being assigned. This provision provides a certain level of assurance to the assignee regarding the validity and soundness of the transfer. Types of Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form: 1. Oil and Gas Assignment: This type of assignment specifically focuses on overriding royalty interests related to oil and gas production in Hawaii. It caters to the unique considerations and regulations governing the extraction and distribution of oil and gas. 2. Mining Assignment: Whereas the oil and gas assignment pertains to the hydrocarbon industry, a mining assignment covers overriding royalty interests associated with the extraction of minerals in Hawaii. This may encompass resources such as coal, gold, limestone, or other valuable minerals. 3. Renewable Energy Assignment: In line with the environmentally conscious policies of Hawaii, a renewable energy assignment deals with overriding royalty interests linked to the production of renewable energy sources, such as wind power, solar power, or geothermal energy. The Hawaii Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form serves as a crucial legal document in facilitating the transfer of overriding royalty interest. Its detailed provisions and variations cater to specific industries and resource types, ensuring compliance with applicable laws and regulations in Hawaii.