This form is used as a notice that any and all oil and gas leases taken on the Lands, or an interest in them, on or after the specified date, are not subject to or governed by any Agreements dated prior to that date which may be referred to in documents filed of record in the county where the Lands are located.
Nebraska Notices That Agreement Is No Longer in Effect: A Nebraska Notice That Agreement Is No Longer in Effect is a legal document used to officially inform parties involved in an agreement or contract that the terms and conditions of the agreement are no longer valid. This notice is typically served by one party upon another to terminate the existing contractual relationship. In Nebraska, as in other states, agreements may be terminated for various reasons, such as completion of the agreed-upon tasks, expiration of the agreed-upon time period, breach of contract, or mutual agreement by all parties involved. The Notice That Agreement Is No Longer in Effect serves as a formal declaration of the termination, ensuring both parties are aware of the dissolution and releasing them from any further obligations associated with the agreement. Different Types of Nebraska Notices That Agreement Is No Longer in Effect: 1. Breach of Contract Notice: This type of notice is used when one party believes the other party has violated the terms of the agreement, leading to its termination. The notice highlights the specific clauses or conditions that have been breached, allowing the terminating party to legally end the agreement. 2. Mutual Agreement Termination Notice: In some cases, both parties may mutually agree to terminate an agreement. This notice document outlines the reasons behind the mutual decision and confirms that all parties are in agreement to terminate the contractual relationship. 3. Expiration Date Notice: Agreements with fixed timeframes often include expiration dates. This type of notice informs the other party that the agreement will no longer be in effect once the predetermined expiration date is reached. 4. Completion of Tasks Notice: This notice is relevant when an agreement is contingent on the completion of certain tasks or objectives. It states that the agreement is terminated as all tasks have been successfully accomplished. When serving a Nebraska Notice That Agreement Is No Longer in Effect, it is crucial to include specific information such as: 1. Parties Involved: Clearly identify the individuals or entities involved in the agreement, including their legal names and addresses. 2. Agreement Details: Specify the agreement's title, date of execution, and any reference numbers or identifiers mentioned in the original contract. 3. Reason for Termination: Explain the reason or grounds for termination, whether it is due to breach, mutual agreement, expiration, or completion of tasks. 4. Effective Date: Clearly state the intended effective date of the termination, ensuring that all parties are aware of when the agreement ceases to be in effect. 5. Consequences: Outline any consequences, such as the return of assets or payment of outstanding balances, resulting from the termination. It is essential to consult with legal professionals or attorneys experienced in Nebraska law to ensure compliance with all legal requirements when drafting and serving a Nebraska Notice That Agreement Is No Longer in Effect.
