Assignment of Overriding Royalty Interest definition

Assignment of Overriding Royalty Interest means the Assignment of Royalty Interest, delivered to be effective as of January 1, 2011, by and between XxxxXxxxx Sub and the Trust.
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Assignment of Overriding Royalty Interest means that certain Assignment of Overriding Royalty Interest in the form attached hereto as Exhibit H.
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Assignment of Overriding Royalty Interest has the meaning set forth in 4.1(a)(vi).
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Examples of Assignment of Overriding Royalty Interest in a sentence

  • Said Assignment of Overriding Royalty Interest has not yet been recorded, but Seller hereby agrees to promptly record said assignment and furnish a copy of recorded said assignment to Participant.

  • Whenever the Investment Percentage is adjusted, El Paso and Ramshorn shall execute an Amendment to Assignment of Overriding Royalty Interest substantially in the form attached hereto as Exhibit "G-1" (for recordation in Texas) and "G-2" (for recordation in Louisiana).

  • El Paso represents and warrants that at the time any Investment Invoice is submitted to Ramshorn for payment, and at the time the related Assignment of Overriding Royalty Interest is filed of record in the appropriate jurisdiction, the Subject Leases to which such invoice relates (to the extent such leases contribute acreage for the Subject Well(s) to be drilled thereon) shall be free and clear of any Encumbrances except Permitted Encumbrances.

  • Xxxxxxxx under Partial Assignment of Overriding Royalty Interest, effective May 1, 2004, from Riverbend Energy Partners, L.

  • Seller represents that as of the Effective Date of this Agreement the Leases are not burdened by overriding royalty interests, of record or not, which exceeds the overriding royalty interest set forth in the above Assignment of Overriding Royalty Interest in this Section 3.

  • Seller hereby excepts and excludes from the Property, and reserves unto itself, the overriding royalty interest in and to the Leases owned by Seller and created under the terms of that certain Assignment of Overriding Royalty Interest effective October 1, 2009 from Cubic Energy, Inc.

  • Bradley evidenced by an Assignment of Overriding Royalty Interest, a copy of which is attached hereto as Exhibit A, and incorporated herein by reference.

  • The documents to be executed and delivered by Seller to Buyer, transferring title to the Assets as required hereby, including the Assignment of Overriding Royalty Interest attached hereto as Exhibit B (the “Assignment”), shall include a special warranty limiting the warranty to matters arising by, through or under Seller only, but not otherwise.

  • Xxxx, as Trustees acting on behalf of the Hxxx-Xxxxxxx Oil Company Employee Royalty Trust, which conveyed a 2% of 6/6ths overriding royalty interest (such Assignee subsequently having conveyed a 1.5% of 6/6ths overriding royalty interest in favor of Falfurrias, L.P. in that certain Assignment of Overriding Royalty Interest effective December 15, 2000 between Gxxx X.

  • Xxxx as Trustees, acting on behalf of Hxxx-Xxxxxxx Oil Company Employee Royalty Trust, as Assignee, recorded at Entry #269340, Conveyance Book 926 of the records of Cameron Parish, Louisiana, and filed on March 21, 2001 in the Non-Required Document Filings at the Minerals Management Service, covering OCS-G 15147 Block 263, East Cameron Area (such Assignee subsequently having conveyed in that certain Assignment of Overriding Royalty Interest effective May 2, 2000, between Gxxx X.


More Definitions of Assignment of Overriding Royalty Interest

Assignment of Overriding Royalty Interest means an assignment in the form of Exhibit F pursuant to which Borrower conveys to Lender an ORRI from time to time.
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Assignment of Overriding Royalty Interest. Dated: February 7, 2001 Filed: February 11, 2001 Recorded: Book 533, Page 493 Assignor(s): Ladder Energy Company Assignee(s): Jerry D. Downey and Karen S. 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:
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Assignment of Overriding Royalty Interest means those certain Assignments of Overriding Royalty Interest, filed in the non-required filings of the Bureau of Ocean Energy Management of the United States Department of the Interior, Gulf of Mexico OCS Region, on October 12, 2018, effective as of June 5, 2017, as amended by the Amendments to Assignment of Overriding Royalty Interest executed on October 14, 2020, effective as of June 5, 2017, under which Xxxxxxxxx assigned to Gideon Xxxxxxx Xxxxxx Xxxxx, then assigned by Xx. Xxxxx to Nechanka Investments 2001 Ltd., Xxxxx Xxxx, Xxxxxx Xxxxxxxx Xxxxxxxx, and Jochanan Xx’akov Xxxx a collective overriding royalty interest equal to 6% of 8/8 of Mortgagor’s “Net Revenue Interest” in and to the Hydrocarbon Interests, held by the assignees in the percentages set forth in the Amendments, the initial Assignment being recorded: as to Lease OCS-G 25806 (i) on October 15, 2018, under Entry No. 2018008083 of the Conveyance Records of Vermilion Parish, Louisiana; (ii) on October 15, 2018, in Book 1654, at Page 795, File No. 2018-00009442 of the Conveyance Records of Iberia Parish, Louisiana; and (iii) on October 15, 2018, in Book 376, Page 754, File No. 331294 of the Conveyance Records of St. Xxxx Xxxxxx, Louisiana; and as to Lease OCS-G 25814: (i) on October 15, 2018, under Entry No. 2018008087 of the Conveyance Records of Vermilion Parish, Louisiana; (ii) on October 15, 2018, in Book 1654, Page 805, File No. 201800009444 of the Conveyance Records of Iberia Parish, Louisiana; and (iii) on October 15, 2018, in Book 376, Page 764, File No. 331296 of the Conveyance Records of St. Xxxx Xxxxxx, Louisiana.
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Related to Assignment of Overriding Royalty Interest

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Royalty Interest is defined in Section 1.01.

  • Royalty interest owner means a person or the estate of a person, other than a working interest owner, who owns the right to or interest in any portion of the oil and/or gas, or proceeds from the sale thereof, from a tract.

  • Leasehold interest means the interest of the lessor or the lessee under a lease contract.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Royalty Agreement means the amended royalty agreement between the Partnership, Vermilion, 1209963 Alberta Ltd. and the Trust dated January 22, 2003 providing for the creation of the Royalty;

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.

  • Recorded Leasehold Interest means a Leasehold Property with respect to which a Record Document has been recorded in all places necessary or desirable, in Collateral Agent’s reasonable judgment, to give constructive notice of such Leasehold Property to third-party purchasers and encumbrancers of the affected real property.

  • Assignment of Rents and Leases means, with respect to the Mortgaged Property, an Assignment of Rents and Leases (and, if there are more than one, each and every one of them), dated as of the Closing Date, granted by the Borrower to Lender with respect to the Leases, as same may thereafter from time to time be supplemented, amended, modified or extended.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Assignment and Conveyance Agreement As defined in Subsection 6.01.

  • Leasehold Interests means all of each Loan Party’s right, title and interest in and to, and as lessee of, the premises identified as leased Real Property on Schedule 4.4 hereto.

  • Assignment and Conveyance An assignment and conveyance of the Mortgage Loans purchased on a Closing Date in the form annexed hereto as Exhibit 4.

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Assignment of Rents means a transfer of an interest in rents in connection with an obligation secured by real property located in this state and from which the rents arise.

  • Oil and Gas Leases means all leases, subleases, licenses or other occupancy or similar agreements (including any series of related leases with the same lessor) under which a Person leases, subleases or licenses or otherwise acquires or obtains rights to produce Hydrocarbons from real property interests.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Mining Lease means the mining lease granted pursuant to Clause 12 and includes any renewal thereof and according to the requirements of the context shall describe the area of land demised as well as the instrument by which it is demised;

  • Conveyance Agreement means the Conveyance Agreement Master Securitization Terms Number 1000, dated February 29, 2008, as amended and reaffirmed from time to time, among the Master Depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of the Master Depositor, VL Funding, as the depositor, Deutsche Bank Trust Company Americas (as successor in interest to The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A.), as eligible lender trustee for the benefit of VL Funding, and Xxxxxx Xxx, Inc., as master servicer, together with each executed Purchase Agreement (as defined therein), each executed Xxxx of Sale (as defined therein) and all attachments thereto.

  • Net Smelter Returns means the gross proceeds received by the Purchaser in any year from the sale of Product from the mining operation on the Property, less successively: (i) the cost of transportation of such Product to a smelter or other place of treatment, and (ii) smelter and treatment charges;

  • mineral lease means the mineral lease referred to in clause 8(1)(a) hereof and includes any renewal thereof;

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Net Revenue Interest means, with respect to any Property, the interest in and to all Hydrocarbons produced, saved, and sold from or allocated to such Property after giving effect to all royalties, overriding royalties, production payments, carried interests, net profits interests, reversionary interests, and other burdens upon, measured by, or payable out or production therefrom.

  • Assignment Taxes has the meaning set forth in Section 3.01(b).