Common use of Waiver of Rights to Partition Clause in Contracts

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby is located, each party hereto owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 14 contracts

Sources: Purchase and Sales Agreement, Asset Purchase Agreement (Saga Energy, Inc.), Purchase and Sales Agreement (Imperial Petroleum Inc)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby by this Agreement is located, each party hereto owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 2 contracts

Sources: Participation Agreement (New Source Energy Partners L.P.), Participation Agreement (New Source Energy Corp)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby by this agreement is located, each party hereto Party owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 2 contracts

Sources: Joint Operating Agreement, Operating Agreement (New Source Energy Corp)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby is located, each party hereto Party owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 1 contract

Sources: Operating Agreement (Megawest Energy Corp.)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby is located, each Each party hereto owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein.

Appears in 1 contract

Sources: Joint Venture Development Agreement (John D. Oil & Gas Co)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby by this Agreement is located, each party hereto owning an undivided interest in the Contract Area well waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest thereinin the property.

Appears in 1 contract

Sources: Operating Agreement (RICHFIELD OIL & GAS Co)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby by this Agreement is located, each party hereto Party owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest thereininterest.

Appears in 1 contract

Sources: Operating Agreement (West Texas Resources, Inc.)

Waiver of Rights to Partition. If permitted by the laws of the state or states in which the property covered hereby is located, each party hereto owning an undivided interest in the Contract Area waives any and all rights it may have to partition and have set aside to it in severalty its undivided interest therein. A. A.P.L. FORM 610 - MODEL FORM OPERATING AGREEMENT – 1989

Appears in 1 contract

Sources: Farmout Agreement (PetroSouth Energy Corp.)