Common use of Assignments of Leases Clause in Contracts

Assignments of Leases. Any assignment of any interest pursuant to this Agreement by and between the parties hereto shall be made with a special warranty of title by through and under the assignor, but not otherwise and on the form attached hereto as Exhibit "C" which shall be for recording in the official records of the county in which the Lease lies. Where applicable, separate assignments of operating rights shall likewise be made on such State and Federal forms as required by rule or regulation. Any assignment hereafter executed shall specifically refer to, and be made subject to, the terms and conditions hereof.

Appears in 3 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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Assignments of Leases. Any assignment of any interest pursuant to this Agreement by and between the parties hereto shall be made with a special warranty of title by through and under the assignor, but not otherwise and on the form attached hereto as Exhibit "β€œC" ” which shall be for recording in the official records of the county in which the Lease lies. Where applicable, separate assignments of operating rights shall likewise be made on such State and Federal forms as required by rule or regulation. Any assignment hereafter executed shall specifically refer to, and be made subject to, the terms and conditions hereof, and shall convey a working interest equal to the Participant Interest.

Appears in 2 contracts

Samples: Participation Agreement (PetroShare Corp.), Participation Agreement (PetroShare Corp.)

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