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Document Id : 667
File Type : Microsoft Word
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Alberta Assignment of Facility Agreement for Oil and Gas Purchase
Write up an Assignment of Facility Agreement pursuant to a purchase of oil and gas interests with this template form for Alberta properties.
- The seller (assignor) assigns to the buyer (assignee) all of its rights and interest in certain petroleum and natural gas rights and facilities.
- The assignee agrees to perform all of the assignor's obligations under the facility agreement.
- The assignor is not released from any of its obligations or liabilities accruing prior to the effective date of the assignment.
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