Assignment of Overriding Royalty Interest. Except as otherwise expressly provided in paragraphs 9.4.8 and 9.4.9, Employee shall not be entitled to obtain recordable assignments of his interest under this paragraph 9 until his completion of three years of employment by Company and, except as otherwise expressly provided herein, Employee shall forfeit ownership of such interest if Employee's employment is terminated by Company pursuant to paragraph 3.5 or by Employee without Good Reason as defined in paragraph 3.9, prior to the completion of such three years of employment. Upon completion of three years of employment of Employee by Company, Employee's ownership of interests theretofore or thereafter transferred to him pursuant to this Agreement will no longer be subject to forfeiture, and assignments will be made in accordance with this paragraph 9.
Assignment of Overriding Royalty Interest. STATE OF OKLAHOMA § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF LINCOLN § That __________________ having a mailing address at ____________________________________ (hereinafter “Assignor”), for and in consideration of one dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, does hereby assign, transfer, sell and convey unto Camber Royalties, LLC having a mailing address at 1000 Xxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxx 00000 (hereinafter “Assignee”) an Overriding Royalty Interest equal to the difference between existing burdens and eighteen and eight hundred seventy-five one thousands percent (18.875%) (the “Overriding Royalty Interest”) in and to those Oil and Gas Leases and Orders which cover the lands and wxxxx described on Exhibit “A-1” and Exhibit “B” in Lincoln County, State of Oklahoma. The Overriding Royalty Interest assigned herein applies to all oil, gas, casinghead gas or other hydrocarbon substances which may be produced, saved and marketed from the lands under the terms of the Oil and Gas Leases described on Exhibit “A-1” or the Wxxxx described on Exhibit “B”, if, as and when produced, saved, sold and marketed, but not otherwise, insofar and only insofar as the Oil and Gas Leases cover the lands specifically described on Exhibit “A-1” and the Wxxxx on Exhibit “B”, and subject to the provisions and conditions herein set forth. The Overriding Royalty Interest herein shall bear all costs borne under the oil and gas leases constituting the Oil and Gas Leases described on Exhibit “A-1”, including without limitation, taxes and treating, transportation, and marketing costs of the minerals produced thereunder and pay currently its proportionate share of gross production, severance, pipeline taxes and other taxes which may be assessed or levied against said Overriding Royalty Interest or the production attributable thereto. The Overriding Royalty Interest assigned herein shall not impose upon Assignor herein, or Assignor’s successors and assigns, any duty or obligation to develop or operate the lands covered by the Oil and Gas Leases which cover the lands described on Exhibit “A-1” for oil, gas or other hydrocarbons other than as required by the provisions of the Oil and Gas Leases nor to maintain the Oil and Gas Leases in effect by the payment of delay rentals. In the event the Oil and Gas Leases cover less than the entire interest in the oil, gas and other hydrocarbons in the lands ...
Assignment of Overriding Royalty Interest. This Third Correction Assignment of Overriding Royalty Interest (“
Assignment of Overriding Royalty Interest. This Assignment of Overriding Royalty Interest (“Assignment”), dated effective 7:00 a.m. on April 20, 2006, is from PIONEER NATURAL RESOURCES USA, INC., a Delaware corporation, whose address is 0000 Xxxxx X’Xxxxxx Xxxx., Suite 200, Irving, Texas 75039 (“Assignor”), to MESA OFFSHORE ROYALTY PARTNERSHIP, a Texas general partnership, whose address is 0000 X. X’Xxxxxx Blvd., Suite 200, Irving, Texas 75039-3746 (“Assignee”). Assignor and Assignee are sometimes collectively referred to herein as the “Parties” and individually as a “Party.”
Assignment of Overriding Royalty Interest. An Assignment of Overriding Royalty Interest affecting Borrower's leasehold interests in the Delhi Field (the "Assignment of Overriding Royalty Interest"), duly executed by Borrower, in the form and substance as attached hereto as Annex B;
Assignment of Overriding Royalty Interest. August 1, 1997, from Falcon South Power, Inc. (as assignor) to Zilkha Energy Company (assignee), which (a) assigned assignee the 14% of 6/6ths overriding royalty interest created under the ST 30 RT Assignment, but only with respect to depths below 4,000’ TVD, and (b) provided that the assigned 14% of 6/6ths overriding royalty interest would merge with and cease to be a burden on the Deep Operating Rights being acquired by assignee effective August 2, 1997 under the ST 30 OR Assignment (defined below).
Assignment of Overriding Royalty Interest. STATE OF TEXAS § § COUNTY OF XXXXXXX § KNOW ALL MEN BY THESE PRESENTS: That the undersigned STARBOARD RESOURCES, INC., a Delaware corporation, whose address is 000 X. Xxxxxxxx Xxxx., Xxxxx 0000, Xxx Xxxxxxx, Xxxxx 00000 (hereinafter referred to as “Assignor”), for and in consideration of the sum of the Ten Dollars ($10.00) and other good and valuable consideration, the receipt and sufficiency of which is hereby confessed and acknowledged does hereby convey, transfer, assign and set over unto SOSVENTURES, LLC, a Delaware limited liability company, whose address is Xxxxxxx Xxxx, 0xx Xxxxx, Xxxxxx Xxxxxx, Cork, Ireland (hereinafter referred to as “Assignee”), an overriding royalty interest, free and clear of all cost and expense of development and operation, in the amount of one percent (1.00%) of all oil, gas casinghead gas, and other hydrocarbon substances produced, saved and marketed from the following described land pursuant to those certain oil and gas leases, whether one or more, described on Exhibit “A” attached hereto and made a part hereof, and situated in the aforesaid County and State. TO HAVE AND TO HOLD the interest herein transferred and assigned unto Assignee, its successors and assigns, forever, subject only to the following terms and provisions:
Assignment of Overriding Royalty Interest. Dated: April 19, 2000, but effective August 1, 1999 Filed: May 1, 2000 Recorded: Book 527, Page 580 Assignor(s): Ladder Energy Company Assignee(s): Jerry Downey and Karen Downey, husband and wife, joint tenants Interest Assigned: All of Assignor’s overriding royalty interest in and to the wells and leasehold set forth below:
Assignment of Overriding Royalty Interest. USO may at any time assign or convey all or a part of any Overriding Royalty Interest, or a right to the future receipt of such Overriding Royalty Interest, it may receive or become entitled to receive in and under the Letter Agreement and/or this Farmout Agreement.
Assignment of Overriding Royalty Interest. THIS ASSIGNMENT OF OVERRIDING ROYALTY INTEREST (“Assignment”), dated effective __________ at 7:00 a.m. Mountain time (the “Effective Time”), is from Samson Oil and Gas USA, Inc., 0000 Xxxx Xxxxxxxxx, Suite 210, Lakewood, Colorado 80401 (“Assignor”) to Xxxxxx Xxxxxxx, 00000 Xxxxxx Xxxx Evergreen Coloardo, 80439 (“Assignee”). For $100.00 and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Assignor hereby sells, assigns, transfers, grants, bargains and conveys to Assignee an overriding royalty interest (“ORI”) equal to 1% of 8/8ths in the leases described in Exhibit A attached hereto and incorporated by reference (“Leases”); provided that, if any Lease covers less than the entire mineral estate in the lands covered by such Lease, then the ORI with respect to such Lease shall be reduced in the same proportion that the portion of the mineral estate covered thereby bears to the entire mineral estate. The ORI shall be calculated and paid in the same manner as the landowner’s royalty in each Lease on which the ORI burden is calculated and paid, and as part of that calculation, the ORI shall bear the same costs and expenses that are borne by the landowner’s royalty pursuant to the terms of each applicable Lease. This Assignment and the ORI so assigned are made subject to the following terms and conditions:
