Utah 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. The Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document commonly used in the state of Utah to transfer the rights to receive royalties from the working interest of multiple leases. This assignment allows for the transfer of overriding royalty interests, which typically entitle the assignee to a percentage of the revenue generated from the production and sale of minerals or hydrocarbons. In this long-form assignment, there may be various types depending on specific circumstances or additional clauses included. Some possible variations of this assignment could include: 1. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Oil and Gas Leases: This specific type of assignment would be tailored to transferring overriding royalty interests specifically related to oil and gas leases in Utah. It would outline the details and terms regarding the percentage of royalties and the specific leases involved. 2. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Mining Leases: This variation of the assignment would be designed for transferring overriding royalty interests associated with mining leases in Utah. It would contain provisions and terms specific to mining operations and the extraction of minerals. 3. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Renewable Energy Leases: This type of assignment would be focused on overriding royalty interests related to renewable energy leases, such as wind or solar energy projects in Utah. It would include provisions specific to renewable energy production and the calculation of royalties from such sources. Regardless of the specific type, this assignment typically includes comprehensive details such as the names and addresses of the assignor and assignee, a complete description of the working interest and overriding royalty interests being transferred, a list of the leases involved, and the percentage of override being assigned. The limited warranty aspect ensures that the assignor guarantees that they have the legal right to transfer the overriding royalty interests and that the interests are free from any encumbrances, except as disclosed. Key terms and keywords: Utah, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form, Oil and Gas Leases, Mining Leases, Renewable Energy Leases, royalties, minerals, hydrocarbons, transfer of rights.

The Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form is a legal document commonly used in the state of Utah to transfer the rights to receive royalties from the working interest of multiple leases. This assignment allows for the transfer of overriding royalty interests, which typically entitle the assignee to a percentage of the revenue generated from the production and sale of minerals or hydrocarbons. In this long-form assignment, there may be various types depending on specific circumstances or additional clauses included. Some possible variations of this assignment could include: 1. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Oil and Gas Leases: This specific type of assignment would be tailored to transferring overriding royalty interests specifically related to oil and gas leases in Utah. It would outline the details and terms regarding the percentage of royalties and the specific leases involved. 2. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Mining Leases: This variation of the assignment would be designed for transferring overriding royalty interests associated with mining leases in Utah. It would contain provisions and terms specific to mining operations and the extraction of minerals. 3. Utah Assignment of Overriding Royalty Interest Out of Working Interest with Multiple Leases and Limited Warranty — Long Form for Renewable Energy Leases: This type of assignment would be focused on overriding royalty interests related to renewable energy leases, such as wind or solar energy projects in Utah. It would include provisions specific to renewable energy production and the calculation of royalties from such sources. Regardless of the specific type, this assignment typically includes comprehensive details such as the names and addresses of the assignor and assignee, a complete description of the working interest and overriding royalty interests being transferred, a list of the leases involved, and the percentage of override being assigned. The limited warranty aspect ensures that the assignor guarantees that they have the legal right to transfer the overriding royalty interests and that the interests are free from any encumbrances, except as disclosed. Key terms and keywords: Utah, Assignment, Overriding Royalty Interest, Working Interest, Multiple Leases, Limited Warranty, Long Form, Oil and Gas Leases, Mining Leases, Renewable Energy Leases, royalties, minerals, hydrocarbons, transfer of rights.