This form is used when an Assignor transfers, assigns, and conveys to Assignee an overriding royalty interest in the Leases and all oil, gas, and other minerals produced, saved, and marketed from the Lands and Leases equal to a percentage of 8/8 (the Override ).
The Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form is a legal document that pertains to the transfer of overriding royalty interests in multiple oil and gas leases within Travis County, Texas. It ensures that the assignor transfers their rights and interests without any proportionate reduction. This form is typically used when the assignor wants to assign their overriding royalty interests to another party while ensuring that the assigned interest remains unaffected by any future changes or modifications to the leases. Keywords: Travis Texas, assignment, overriding royalty interest, multiple leases, no proportionate reduction, long form, transfer, oil and gas, interests, changes, modifications, legal document, parties, rights. In addition to the standard Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form, there might be variations or specialized forms based on specific circumstances or requirements. Some possible types of Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form include: 1. Assignor-Specific Variation: This type of form may be customized to accommodate specific language or provisions requested by the assignor, allowing them to tailor the assignment to their unique needs or preferences. 2. Assignee-Specific Variation: Similar to the assignor-specific variation, this type of form may incorporate specific language or provisions requested by the assignee, ensuring that their interests or concerns are adequately addressed in the assignment. 3. Complex Lease Structures: In cases where the underlying leases have complex structures, such as multiple tracts or subleases involved, a specialized long form may be necessary to accurately capture and define the overriding royalty interests being assigned. 4. Non-Participating Royalty Interests (NPR): If the assignment involves the transfer of NPR, which is a type of royalty interest separate from the working interest, there might be additional clauses or provisions addressing the unique characteristics and considerations of such interests. It is important to consult with a legal professional familiar with the specific requirements and regulations in Travis County, Texas, to ensure that the Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form is accurately prepared and tailored to the relevant circumstances.The Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form is a legal document that pertains to the transfer of overriding royalty interests in multiple oil and gas leases within Travis County, Texas. It ensures that the assignor transfers their rights and interests without any proportionate reduction. This form is typically used when the assignor wants to assign their overriding royalty interests to another party while ensuring that the assigned interest remains unaffected by any future changes or modifications to the leases. Keywords: Travis Texas, assignment, overriding royalty interest, multiple leases, no proportionate reduction, long form, transfer, oil and gas, interests, changes, modifications, legal document, parties, rights. In addition to the standard Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form, there might be variations or specialized forms based on specific circumstances or requirements. Some possible types of Travis Texas Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form include: 1. Assignor-Specific Variation: This type of form may be customized to accommodate specific language or provisions requested by the assignor, allowing them to tailor the assignment to their unique needs or preferences. 2. Assignee-Specific Variation: Similar to the assignor-specific variation, this type of form may incorporate specific language or provisions requested by the assignee, ensuring that their interests or concerns are adequately addressed in the assignment. 3. Complex Lease Structures: In cases where the underlying leases have complex structures, such as multiple tracts or subleases involved, a specialized long form may be necessary to accurately capture and define the overriding royalty interests being assigned. 4. Non-Participating Royalty Interests (NPR): If the assignment involves the transfer of NPR, which is a type of royalty interest separate from the working interest, there might be additional clauses or provisions addressing the unique characteristics and considerations of such interests. It is important to consult with a legal professional familiar with the specific requirements and regulations in Travis County, Texas, to ensure that the Assignment of Overriding Royalty Interest for Multiple Leases with No Proportionate Reduction — Long Form is accurately prepared and tailored to the relevant circumstances.
