This is a Preferential Right to Purchase Production form. The assignor reserves the right at any time and from time to time to purchase or designate a purchaser for all of assignees oil and other liquid hydrocarbons produced and saved from the interests in the lands and leases that are the subject of this assignment.
Suffolk New York Preferential Right to Purchase Production refers to the legal provision that grants a certain group or entity the first opportunity to purchase a particular property or product in the region of Suffolk, New York. This right is often given to specific individuals or organizations, aiming to prioritize their interests or benefit a particular community. Suffolk County, located on Long Island, New York, offers various types of preferential right to purchase production, including: 1. Affordable Housing Preferential Right to Purchase Production: This type of preferential right ensures that low-income individuals or families have priority access to affordable housing units in Suffolk County. It aims to promote equitable distribution of housing opportunities and combat housing insecurity. 2. Agricultural Preferential Right to Purchase Production: Given the county's significant agricultural sector, this type of preferential right allows farmers or agricultural organizations to have the first option to buy land or agricultural properties. It helps support local food production and ensures the preservation of valuable farmland. 3. Environmental Conservation Preferential Right to Purchase Production: Suffolk County places a strong emphasis on environmental preservation. This type of preferential right grants environmental organizations or government entities priority in purchasing properties with environmental significance. It aids in safeguarding natural habitats, open spaces, and critical ecological areas. 4. Industrial Development Preferential Right to Purchase Production: To foster economic growth and attract industries, Suffolk County may grant preferential rights to purchase industrial properties to businesses or organizations involved in manufacturing, technology, or job creation. This type of preferential right facilitates sustainable economic development in the region. 5. Waterfront Preferential Right to Purchase Production: Given Suffolk County's extensive coastline and vibrant waterfront areas, this type of preferential right allows specific entities, such as municipalities or designated waterfront organizations, to purchase waterfront properties or development rights first. It aims to preserve public access to the coast, maintain marine ecosystems, and support recreational activities. Overall, Suffolk New York Preferential Right to Purchase Production encompasses various rights designed to promote specific interests, including affordable housing, agriculture, environmental conservation, industrial development, and waterfront preservation. The specific terms and conditions for each type of preferential right can vary, ensuring that the interests of the targeted group or entity are protected while contributing to the overall development and sustainability of Suffolk County.Suffolk New York Preferential Right to Purchase Production refers to the legal provision that grants a certain group or entity the first opportunity to purchase a particular property or product in the region of Suffolk, New York. This right is often given to specific individuals or organizations, aiming to prioritize their interests or benefit a particular community. Suffolk County, located on Long Island, New York, offers various types of preferential right to purchase production, including: 1. Affordable Housing Preferential Right to Purchase Production: This type of preferential right ensures that low-income individuals or families have priority access to affordable housing units in Suffolk County. It aims to promote equitable distribution of housing opportunities and combat housing insecurity. 2. Agricultural Preferential Right to Purchase Production: Given the county's significant agricultural sector, this type of preferential right allows farmers or agricultural organizations to have the first option to buy land or agricultural properties. It helps support local food production and ensures the preservation of valuable farmland. 3. Environmental Conservation Preferential Right to Purchase Production: Suffolk County places a strong emphasis on environmental preservation. This type of preferential right grants environmental organizations or government entities priority in purchasing properties with environmental significance. It aids in safeguarding natural habitats, open spaces, and critical ecological areas. 4. Industrial Development Preferential Right to Purchase Production: To foster economic growth and attract industries, Suffolk County may grant preferential rights to purchase industrial properties to businesses or organizations involved in manufacturing, technology, or job creation. This type of preferential right facilitates sustainable economic development in the region. 5. Waterfront Preferential Right to Purchase Production: Given Suffolk County's extensive coastline and vibrant waterfront areas, this type of preferential right allows specific entities, such as municipalities or designated waterfront organizations, to purchase waterfront properties or development rights first. It aims to preserve public access to the coast, maintain marine ecosystems, and support recreational activities. Overall, Suffolk New York Preferential Right to Purchase Production encompasses various rights designed to promote specific interests, including affordable housing, agriculture, environmental conservation, industrial development, and waterfront preservation. The specific terms and conditions for each type of preferential right can vary, ensuring that the interests of the targeted group or entity are protected while contributing to the overall development and sustainability of Suffolk County.
