43 C.F.R. § 3286.4 Model change of operator by assignment.
Title 43 - Public Lands: Interior
Change in Unit Operator ______ unit Area, County of ______, State of ______, No. ___. This indenture, dated as of the ______ day of ______, 19__, by and between __________ hereinafter designated as “First Party,” and ________, hereinafter designated as “Second Party.” Witnesseth: Whereas under the provisions of the Geothermal Steam Act of December 24, 1970, 84 Stat. 1566, the Secretary on the ______ day of ________, 19__, approved a unit agreement for the ___ Unit Area, wherein the First Party is designated as Unit Operator; and Whereas the First Party desires to transfer, assign, release, and quitclaim, and the Second Party desires to assume all the rights, duties, and obligations of Unit Operator under the unit agreement; and Whereas for sufficient and valuable consideration, the receipt whereof is hereby acknowledged, the First Party has transferred, conveyed and assigned all his/its rights under certain operating agreements involving lands within the area set forth in said unit agreement unto the Second Party: Now, therefore, in consideration of the premises hereinbefore set forth, the First Party does hereby transfer, assign, release, and quitclaim unto Second Party all of First Party's rights, duties and obligations as Unit Operator under said unit agreement; and Second Party hereby accept this assignment and hereby covenants and agrees to fulfill the duties and assume the obligations of Unit Operator under and pursuant to all the terms of said unit agreement to the full extent set forth in this assignment, effective upon approval of this indenture by the authorized officer of the Minerals Management Service; said unit agreement being hereby incorporated herein by reference and made a part hereof as fully and effectively as though said unit agreement were expressly set forth in this instrument. In witness whereof, the parties hereto have executed this instrument as of the date hereinabove set forth. I hereby approve the foregoing indenture designated ____________ as Unit Operator under the unit agreement for the ___ Unit Area, this ______ day of ________, 19__. [38 FR 35073, Dec. 21, 1973. Redesignated and amended at 48 FR 44792, 44794, Sept. 30, 1983] Note: The information collection requirements contained in parts 3400, 3410, 3420, 3430, 3450, 3460 and 3470 of Group 3400 have been approved by the Office of Management and Budget under 44 U.S.C. 3507 and assigned clearance number 1004–0073. The information is being collected to allow the authorized officer to determine if the applicant to lease, for or develop Federal coal is qualified to hold such lease. This information will be used in making those determinations. The obligation to respond is required to obtain a benefit. (See 47 FR 33133, July 30, 1982)
Title 43: Public Lands: Interior
PART 3280—GEOTHERMAL RESOURCES UNIT AGREEMENTS: UNPROVEN AREAS
Subpart 3286—Model Forms
§ 3286.4 Model change of operator by assignment.
