New Hampshire Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations - Short Form

• Category: Oil Gas and Minerals - Water
• State: Multi-State
• Control #: US-OG-160
• Format: Word; Rich Text

Description

This is a form agreement providing for the sale of water. It is shorter in length and does not contain all of the provisions contained in the previous form. Title: New Hampshire Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form Introduction: The New Hampshire Fresh Water Purchase Agreement is a legally binding document that outlines the terms and conditions for the usage of a landowner's water resources by an operator for secondary recovery operations. This short form agreement provides a concise yet comprehensive framework for the agreement, ensuring clarity and accountability between the parties involved. Keywords: New Hampshire, fresh water, purchase agreement, landowner, operator, secondary recovery operations, short form. Content: 1. Purpose and Parties: This New Hampshire Fresh Water Purchase Agreement establishes the mutually beneficial arrangement between the landowner (referred to as "Seller") and the operator (referred to as "Buyer") for the orderly utilization of the landowner's water resources during secondary recovery operations, specifically for the recovery of natural resources such as oil, gas, or minerals. 2. Term of Agreement: This agreement shall be valid for a specified period, clearly mentioning the start and end dates of the agreement. In case of any extension or termination, the terms and conditions related to the notice period and conditions must be explicitly stated. 3. Water Quantity and Quality: The agreement outlines the quantity of freshwater required by the buyer for their secondary recovery operations, specifying the maximum usage limits, and addressing any associated quality requirements. It may also include provisions for regular testing of water quality to ensure compliance with applicable standards and regulations. 4. Compensation: The parties shall define the compensation terms, such as the frequency of payment, accurate measurement mechanisms, and a detailed breakdown of the payment structure. This section would include mention of any fees, royalties, or other financial obligations imposed on the buyer by the seller. 5. Water Sourcing and Transfer: The buyer agrees to assume full responsibility for obtaining and transporting the water required. This section may address pumping, filtration, transportation, and other logistics related to the movement of water from the landowner's source to the buyer's facility. 6. Access and Equipment: The agreement should mention provisions related to any required access to the landowner's property for water extraction or the installation of necessary equipment. This section may also address responsibilities for maintenance, repair, and any potential environmental obligations. 7. Indemnification and Liability: Both parties shall clarify their indemnification responsibilities to safeguard against any damages, losses, claims, or liabilities arising during or after the agreement period. This includes indemnification for third-party claims and adherence to applicable laws and regulations. 8. Confidentiality: If necessary, this section may include provisions for maintaining confidentiality regarding any proprietary or sensitive information shared between the parties during the agreement term. 9. Governing Law and Jurisdiction: To ensure legal clarity, the agreement should identify the governing law applicable to its interpretation and enforceability, as well as specify the jurisdiction where any disputes will be resolved. 10. Signatures and Execution: The agreement concludes with a signature section, where representatives of both parties will sign, indicating their acceptance and commitment to the terms and conditions outlined in the fresh water purchase agreement. Additional Types: There are no specific additional types of the New Hampshire Fresh Water Purchase Agreement between Landowner and Operator for Use of Landowner's Water in Secondary Recovery Operations mentioned. However, extensions and modifications can be made based on the unique requirements and circumstances of the parties involved. Consulting legal advisors may be advisable to ensure compliance with local laws and regulations.

Title: New Hampshire Fresh Water Purchase Agreement Between Landowner and Operator For Use of Landowner's Water in Secondary Recovery Operations — Short Form Introduction: The New Hampshire Fresh Water Purchase Agreement is a legally binding document that outlines the terms and conditions for the usage of a landowner's water resources by an operator for secondary recovery operations. This short form agreement provides a concise yet comprehensive framework for the agreement, ensuring clarity and accountability between the parties involved. Keywords: New Hampshire, fresh water, purchase agreement, landowner, operator, secondary recovery operations, short form. Content: 1. Purpose and Parties: This New Hampshire Fresh Water Purchase Agreement establishes the mutually beneficial arrangement between the landowner (referred to as "Seller") and the operator (referred to as "Buyer") for the orderly utilization of the landowner's water resources during secondary recovery operations, specifically for the recovery of natural resources such as oil, gas, or minerals. 2. Term of Agreement: This agreement shall be valid for a specified period, clearly mentioning the start and end dates of the agreement. In case of any extension or termination, the terms and conditions related to the notice period and conditions must be explicitly stated. 3. Water Quantity and Quality: The agreement outlines the quantity of freshwater required by the buyer for their secondary recovery operations, specifying the maximum usage limits, and addressing any associated quality requirements. It may also include provisions for regular testing of water quality to ensure compliance with applicable standards and regulations. 4. Compensation: The parties shall define the compensation terms, such as the frequency of payment, accurate measurement mechanisms, and a detailed breakdown of the payment structure. This section would include mention of any fees, royalties, or other financial obligations imposed on the buyer by the seller. 5. Water Sourcing and Transfer: The buyer agrees to assume full responsibility for obtaining and transporting the water required. This section may address pumping, filtration, transportation, and other logistics related to the movement of water from the landowner's source to the buyer's facility. 6. Access and Equipment: The agreement should mention provisions related to any required access to the landowner's property for water extraction or the installation of necessary equipment. This section may also address responsibilities for maintenance, repair, and any potential environmental obligations. 7. Indemnification and Liability: Both parties shall clarify their indemnification responsibilities to safeguard against any damages, losses, claims, or liabilities arising during or after the agreement period. This includes indemnification for third-party claims and adherence to applicable laws and regulations. 8. Confidentiality: If necessary, this section may include provisions for maintaining confidentiality regarding any proprietary or sensitive information shared between the parties during the agreement term. 9. Governing Law and Jurisdiction: To ensure legal clarity, the agreement should identify the governing law applicable to its interpretation and enforceability, as well as specify the jurisdiction where any disputes will be resolved. 10. Signatures and Execution: The agreement concludes with a signature section, where representatives of both parties will sign, indicating their acceptance and commitment to the terms and conditions outlined in the fresh water purchase agreement. Additional Types: There are no specific additional types of the New Hampshire Fresh Water Purchase Agreement between Landowner and Operator for Use of Landowner's Water in Secondary Recovery Operations mentioned. However, extensions and modifications can be made based on the unique requirements and circumstances of the parties involved. Consulting legal advisors may be advisable to ensure compliance with local laws and regulations.