San Jose California Surface Tenant's Subordination to An Oil and Gas Lease

State:
Multi-State
City:
San Jose
Control #:
US-OG-143
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Word; 
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Description

If an oil and gas lease has been granted on lands in which there is a surface tenant, it may be necessary or advisable to obtain a subordination of the agreement or lease with the surface tenant, to the oil and gas lease. This form provides for that subordination and directs the manner in which compensation for any damages shall be paid.

San Jose, California Surface Tenant's Subordination to an Oil and Gas Lease is a legal agreement that pertains to the relationship between a surface tenant and an oil and gas lease in the city of San Jose, California. This agreement involves the subordination of the surface tenant's rights to that of an oil and gas leaseholder when it comes to exploration, extraction, and production activities on the property in question. The purpose of subordination is to ensure that the oil and gas lease has priority over the rights and interests of the surface tenant, allowing the leaseholder to access and utilize the property for oil and gas operations effectively. This agreement typically includes specific terms and conditions that define the rights and responsibilities of the parties involved, ensuring compliance with applicable laws and regulations. Keywords: San Jose, California, surface tenant, subordination, oil and gas lease, legal agreement, rights, exploration, extraction, production activities, property, priority, leaseholder, access, utilize, operations, terms and conditions, rights and responsibilities, compliance, laws, regulations. Different types of San Jose, California Surface Tenant's Subordination to an Oil and Gas Lease: 1. Standard Subordination Agreement: This is the most common type of subordination agreement, which outlines the relationship between the surface tenant and the oil and gas leaseholder in a typical manner, adhering to the local laws and regulations applicable to the region. 2. Modified Subordination Agreement: In certain cases, the standard terms of a subordination agreement may not be applicable or sufficient, and modifications may be required based on specific circumstances. This type of agreement allows for customization and alteration of certain clauses to address the unique needs of the surface tenant or the leaseholder. 3. Temporary Subordination Agreement: Sometimes, surface tenants may agree to temporarily subordinate their rights to the oil and gas lease for a limited period. This is often done to facilitate a short-term oil and gas operation or exploration activity on the property. 4. Master Subordination Agreement: In situations where multiple oil and gas leases exist on a property owned by a surface tenant, a master subordination agreement may be used. This type of agreement establishes a hierarchy or prioritization among various leaseholders, ensuring fair distribution of rights and responsibilities. 5. Partial Subordination Agreement: It is possible for a surface tenant to partially subordinate their rights to an oil and gas lease, allowing for certain activities or operations while retaining certain rights. This type of agreement specifies the scope and limitations of the subordination to provide clarity for both parties. Overall, a San Jose, California Surface Tenant's Subordination to an Oil and Gas Lease is a vital legal document that regulates the relationship between a surface tenant and an oil and gas lease, ensuring smooth operation and compliance with relevant laws and regulations in San Jose, California.

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FAQ

An exclusive use agreement is a contract clause typically used in commercial leases in which the tenant can only use the leased space for a specific purpose.

What is a primary tenant? A primary tenant is a sole leaseholder who sublets the property to others and acts as the "sub-landlord." The new tenants are accountable and have a sublease agreement with the primary tenant instead of paying their rent directly to the landlord.

More Definitions of surface lease surface lease means any lease of Leased Real Property and/or Improvements under which the Company is lessee or tenant (including, without limitation, lease of any office, warehouse, or other space).

Supplier acknowledges that nothing in the Agreement confers on it exclusive possession of the Site and that it will only be granted access to the Site to the extent deemed necessary by the Relevant Company for the performance of the Supply and for no other purpose.

1 A lease is an estate in land. 2 It must be for a fixed and definite duration, although periodic tenancies and leases liable to premature defeasance are within the definition. 3 An essential characteristic of a lease is that the tenant has exclusive possession, and may exclude everyone, even the landlord.

A ground lease involves leasing land for a long-term periodtypically for 50 to 99 yearsto a tenant who constructs a building on the property. A 99-year lease is generally the longest possible lease term for a piece of real estate property.

Exclusive possession is an essential ingredient of a lease; without exclusive possession there can be no lease. Exclusive possession is the right to use premises to the exclusion of all others, including the landlord himself.

Exclusive possession It is the right of the tenant to stop other people, including the landlord, from entering without permission. The premises that are let do not have to constitute an entire flat or house. It is possible to have a tenancy of a single room.

One of the most basic building blocks in tenant-landlord law is exclusive possession. It is a concept that means that once a landlord offers a space for rent, a tenant has exclusive possession, and, within the rules of the lease, can do whatever they want within the home (as long as it's legal, of course).

A surface lease is required for any above surface structure which typically includes wells, access roads and other oil and gas facilities. These structures are usually subject to annual rents for use of the land surface. #800, 10025106 Street, Edmonton, AB T5J 1G4 Tel: (780) 424-5099 Fax: (780) 424-5133.

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To learn more about lease subordination and the implications of subordination agreements for tenants and lenders, click "Read More" below. August 2000, Comdisco will lease to us equipment, software and tenant.Improvements for our San Jose, California IBX center, provided that the dollar. Owning Caltrain, and working in the best interest of riders. Roland Lebrun, San Jose, commented on the letter from the Bay Area Council, Board. , as tenant, for Century Capitol 16, San Jose, CA. 3.4.5 Review of Division of Oil, Gas, and Geothermal Resources Files .

We have not previously disclosed information about the Division of Oil, Gas, and Geothermal Resources that we received through a FOIA request. Our investigation into the operations of the Division's subsidiary, which was started to facilitate our public interest inquiry, has revealed that a group of former employees and consultants with a wide range of experience in the oil and gas industry, was granted special regulatory exemption from the Division of Oil, Gas and Geothermal Resources, on the basis of their relationship with ExxonMobil. That exemption granted that the former employees were not prohibited from discussing oil and gas industry matters, or from offering their opinions to the public or to the public directly, until they left the oil and gas industry. That exemption was extended to the former consultants shortly before I joined ExxonMobil. (This has been amended to remove the words 'was granted' at the bottom of the document to identify ExxonMobil as the granting agency.

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San Jose California Surface Tenant's Subordination to An Oil and Gas Lease