Products tagged with 'assignment and novation form'
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Alberta Assignment and Novation Agreement
Transfer an interest in Alberta oil and gas assets from one operator to another with this Assignment and Novation Agreement form.
- Assignment of Rights. The original operator (the assignor) assigns all of its rights and interest in the properties to another operator (the assignee).
- Novation. The assignor novates the new operator as a party to the original agreement under which the assignor acquired its interest.
- Consent and Waiver. All other stakeholders who were parties to the original agreement consent to the transfer and waive their pre-emptive rights.
- Release of Assignor. The other stakeholders also release the assignor from performance of the original agreement after the effective date of the assignment.
- Jurisdiction. This legal document is intended for use in the Province of Alberta, Canada.
- How to Obtain the Form. You can download the MS Word form immediately after purchase. Other formats available on request.
$12.49
Alberta Partial Assignment and Novation Agreement
Transfer a part interest in oil and gas rights under this Assignment and Novation Agreement for properties in Alberta.
- One party (the assignor) assigns a portion of its rights and interest in certain oil and gas properties to another party (the assignee).
- The assignor novates the assignee as a party to the original agreement under which the assignor acquired its interest.
- All other parties to the original agreement waive their pre-emptive rights.
- The template is for the Province of Alberta, but can be easily adapted for oil and gas rights in other areas.
- To get your copy of the Partial Assignment and Novation Agreement, simply add it to your cart and check out. You'll be able to download it right after payment is made.
$17.99
