This operating agreement exhibit provides that each party has the right to take in kind its share of gas produced from the Contract Area and market or otherwise dispose of its gas. In the event any party is not, at any time, taking or marketing its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which does not, at any time, take the full share of gas attributable to the interest of the party, then the terms of this agreement shall automatically become operative.
Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that typically encompasses specific terms and conditions related to gas balancing operations in the state of Connecticut. It establishes the framework for maintaining equilibrium in gas supply and demand, ensuring the smooth functioning of gas distribution systems. This exhibit primarily addresses the responsibilities and rights of participating parties involved in gas balancing agreements. Keywords: Connecticut, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 2, legal document, gas balancing operations, gas supply and demand, gas distribution systems, participating parties, responsibilities, rights. Different types of Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include variations tailored to specific contexts or industries. Some possible types could include: 1. Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 for Natural Gas Companies: This version may contain industry-specific provisions and guidelines applicable to natural gas entities, such as gas companies and suppliers operating within Connecticut, ensuring compliance with relevant regulations. 2. Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 for Industrial Consumers: This type focuses on the responsibilities and rights of industrial gas consumers in Connecticut, outlining the specific requirements and obligations they must adhere to regarding gas balancing operations. 3. Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 for Residential Consumers: Designed specifically for residential gas consumers in Connecticut, this form may highlight the terms and conditions applicable to homeowners or tenants utilizing gas services, ensuring smooth gas distribution and billing. 4. Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 for Gas Transporters: This version caters to gas transporters in Connecticut who are responsible for conveying gas from production fields to distribution networks, outlining their obligations, liabilities, and provisions related to gas balancing operations. 5. Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 for Pipeline Operators: Tailored for pipeline operators in Connecticut, this form may address the terms and conditions concerning gas balancing activities pertaining specifically to pipeline infrastructure and operations. It is important to note that the specific types or variations of Connecticut Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 mentioned above are hypothetical and may vary based on the requirements and agreements of the parties involved.
