This lease rider form may be used when none of the provisions contained in the division order shall diminish, alter, or affect the rights, titles, or interests vested in Lessor by the terms of this Lease. No division order which Lessor may be requested to sign shall contain terms other than those terms and provisions expressly allowed by any applicable statute of the state in which the lands subject to this Lease are located.
Wichita Falls Texas Division Orders are legal documents that pertain to the division of oil and gas royalties among multiple parties who have ownership rights in a particular lease or well located in Wichita Falls, Texas. These division orders outline the specific terms and conditions under which royalty payments will be distributed and provide a framework for the efficient administration of oil and gas production operations in the area. Keywords: Wichita Falls, Texas, division orders, oil and gas royalties, ownership rights, lease, well, terms and conditions, royalty payments, production operations. Different types of Wichita Falls Texas Division Orders include: 1. Standard Division Order: This is the most common type of division order used in Wichita Falls, Texas. It typically includes basic information such as names of the royalty owners, their respective ownership percentages, legal descriptions of the leased properties, and instructions on how to handle royalty payments. 2. Supplemental Division Order: In some cases, additional terms or clauses may need to be added to the standard division order. These supplemental division orders are used to address specific circumstances or requirements that may arise from complex ownership structures, specific lease agreements, or other unique situations. 3. Amended Division Order: If there are changes to the original division order, an amended division order is issued to reflect the modifications. These changes could include updates to ownership percentages, new ownership interests, or adjustments to payment distribution methods, among other things. 4. Division Order Title Transfer: In the event of a change in ownership, such as a sale or transfer of ownership rights, a division order title transfer is executed to legally transfer the responsibilities and rights associated with royalty payment distribution from one party to another. It is crucial for royalty owners and operators to carefully review and understand the terms of their division orders to ensure accurate and timely distribution of royalty payments.Wichita Falls Texas Division Orders are legal documents that pertain to the division of oil and gas royalties among multiple parties who have ownership rights in a particular lease or well located in Wichita Falls, Texas. These division orders outline the specific terms and conditions under which royalty payments will be distributed and provide a framework for the efficient administration of oil and gas production operations in the area. Keywords: Wichita Falls, Texas, division orders, oil and gas royalties, ownership rights, lease, well, terms and conditions, royalty payments, production operations. Different types of Wichita Falls Texas Division Orders include: 1. Standard Division Order: This is the most common type of division order used in Wichita Falls, Texas. It typically includes basic information such as names of the royalty owners, their respective ownership percentages, legal descriptions of the leased properties, and instructions on how to handle royalty payments. 2. Supplemental Division Order: In some cases, additional terms or clauses may need to be added to the standard division order. These supplemental division orders are used to address specific circumstances or requirements that may arise from complex ownership structures, specific lease agreements, or other unique situations. 3. Amended Division Order: If there are changes to the original division order, an amended division order is issued to reflect the modifications. These changes could include updates to ownership percentages, new ownership interests, or adjustments to payment distribution methods, among other things. 4. Division Order Title Transfer: In the event of a change in ownership, such as a sale or transfer of ownership rights, a division order title transfer is executed to legally transfer the responsibilities and rights associated with royalty payment distribution from one party to another. It is crucial for royalty owners and operators to carefully review and understand the terms of their division orders to ensure accurate and timely distribution of royalty payments.
