Railroad Commission of Texas. In anticipation that this Amendment is likely to be approved by RRC’s governing body at the next open meeting, RRC’s authorized representative may elect for convenience and to expedite the execution of this Amendment to sign on the line below prior to said date. If RRC’s authorized representative below elects to sign this Amendment prior to the date of the next open meeting, RRC’s representative certifies that his or her authority to enter into this Amendment is expressly contingent on approval of this Amendment by the Commission at the next open meeting. If the Commission approves this Amendment, signature authority for RRC is effective on the date of August 22, 2023, or the date that RRC’s representative signs below, whichever occurs last. The Parties agree that execution of this Amendment is contingent on Commission approval. If the Commission does not approve this Amendment at the next open meeting, this Amendment shall not take effect. Otherwise, by the signatures below, each signatory represents and warrants that they have the authority as of the date of their respective signature to enter into this Amendment on behalf of the respective Parties. RAILROAD COMMISSION OF TEXAS XXXXXX OPERATING COMPANY Xxx Xxxx, Executive Director Xxxxxx Xxxxxx, President Date: 8/14/2023 Date: 8/14/2023 RRC use only below this line. Division Director: Date: 8/7/2023 Asst. Executive Director: Date: 8/7/2023 Director of Operations: Date: 8/7/2023
Railroad Commission of Texas. In anticipation that this Contract is likely to be approved by RRC’s governing body at the next open meeting, RRC’s authorized representative may elect for convenience and to expedite the execution of this Contract to sign on the line below prior to said date. If RRC’s authorized representative below elects to sign this Contract prior to the date of the next open meeting, RRC’s representative certifies that his or her authority to enter into this Contract is expressly contingent on approval of this Contract by the Commission at the next open meeting. If the Commission approves this Contract, signature authority for RRC is effective on the date of August 22, 2023 or the date that RRC’s representative signs below, whichever occurs last. The Parties agree that execution of this Contract is contingent on Commission approval. If the Commission does not approve this Contract at the next open meeting, this Contract shall not take effect. Otherwise, by the signatures below, each signatory represents and warrants that they have the authority as of the date of their respective signature to enter into this Contract on behalf of the respective Parties. DocuSign Envelope ID: 33938538-E61B-452B-AD3B-2F803B9B3D71 RAILROAD COMMISSION OF TEXAS GROUNDWATER PROTECTION COUNCIL, INC. By: By: Xxx Xxxx, Xxx Xxxxx, Executive Director Executive Director Date: 8/23/2023 Date: 8/23/2023 RRC use only below this line. Division Director: Date: 8/22/2023 Asst. Executive Director: Date: 8/22/2023 Director of Operations: Date: 8/22/2023
Railroad Commission of Texas. The government body that regulates the oil and gas industry in Texas ratification: in division order terms, formal approval or confirmation of a previously executed lease real property: land, including the surface, whatever is attached to the surface such as buildings or trees, whatever is beneath the surface, such as minerals, and the area above the surface, i.e., the sky. Also called realty. recordation data: references put on documents when they are filed by county clerks, to show where the documents can be located. Usual references are volume or book and page number. Recorded instruments are presumed to be known to every member of the public. In case of disputed ownership of a piece of property, the recordation helps to determine the rightful owner. rider: an amendment or addition attached to a document rebuttable presumption: a rule of law which requires the assumption of a fact from another fact or set of facts; a rebuttable presumption must be made once certain facts have been proved, but it may be rebutted or overcome through the introduction of contrary evidence remainder: See Estates in Land remainderman: one who has interest in land that becomes effective in possession only when a prior interest ends remittance report: a report required by a jurisdiction submitting the unclaimed property held for unclaimed owners who have not been found by the particular jurisdiction’s publication of names of apparent owners. Some jurisdictions combine the unclaimed property report and remittance report into one report. reservation: in a conveyance, the portion of the grantor’s property that he or she is excepting (holding back) or not conveying. For example, “. . .all my right, title and interest in the above described property save and except 1/16 royalty interest herein reserved to Grantor ” revenue interest: an accounting term describing earnings of a working interest owner. The working interest minus royalties or other interest deductions equals the revenue interest. reversionary interest: a future interest retained by a grantor (or his or her successor) after present possessory interests expire right of ingress and egress: the right to enter and leave lands in question. royalty: a share of production which is free of the cost of production; an in-kind share of the production. Royalty owners do not usually market their share of production. The lessee or the purchaser usually sells production and pays a money equivalent to the royalty owner. A division order...
