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.
Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial component in the realm of gas balancing agreements in Iowa. This document serves as an addendum or exhibit to the Operating Agreement Gas Balancing Agreement (Form 2) specifically tailored to the state of Iowa. It provides additional details and specifications that are unique to the region. In the context of gas balancing agreements, Iowa Exhibit E is instrumental in outlining the terms and conditions regarding the process of gas balancing. It elucidates the rights and responsibilities of the parties involved, ensuring a fair and efficient distribution of gas resources. Some relevant keywords that can be associated with Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 are: 1. Iowa gas balancing agreement: This denotes the specific agreement related to gas balancing in the state of Iowa. It highlights the rules and regulations that govern the process. 2. Operating Agreement Gas Balancing Agreement (Form 2): This refers to the standardized agreement form that serves as the basis for Iowa Exhibit E. It establishes a framework for gas balancing arrangements. 3. Gas balancing: This phrase encapsulates the process of matching gas supplies with gas demand to maintain a stable and reliable distribution system. Iowa Exhibit E provides specific guidelines for gas balancing practices. 4. Operating agreement: This term refers to the contractual agreement between parties involved in the gas industry. Iowa Exhibit E is an extension of this agreement, focusing on gas balancing aspects. 5. Gas distribution: This phrase encompasses the transportation and delivery of gas across various locations in Iowa. Iowa Exhibit E ensures a smooth gas distribution process, addressing any imbalances that may arise. It's important to note that there might not be different types of Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 per se. However, variations or updates to the exhibit may occur over time to adapt to changing regulations or industry standards. These changes could result in different versions of the document, marked by their respective dates or revision numbers.Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial component in the realm of gas balancing agreements in Iowa. This document serves as an addendum or exhibit to the Operating Agreement Gas Balancing Agreement (Form 2) specifically tailored to the state of Iowa. It provides additional details and specifications that are unique to the region. In the context of gas balancing agreements, Iowa Exhibit E is instrumental in outlining the terms and conditions regarding the process of gas balancing. It elucidates the rights and responsibilities of the parties involved, ensuring a fair and efficient distribution of gas resources. Some relevant keywords that can be associated with Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 are: 1. Iowa gas balancing agreement: This denotes the specific agreement related to gas balancing in the state of Iowa. It highlights the rules and regulations that govern the process. 2. Operating Agreement Gas Balancing Agreement (Form 2): This refers to the standardized agreement form that serves as the basis for Iowa Exhibit E. It establishes a framework for gas balancing arrangements. 3. Gas balancing: This phrase encapsulates the process of matching gas supplies with gas demand to maintain a stable and reliable distribution system. Iowa Exhibit E provides specific guidelines for gas balancing practices. 4. Operating agreement: This term refers to the contractual agreement between parties involved in the gas industry. Iowa Exhibit E is an extension of this agreement, focusing on gas balancing aspects. 5. Gas distribution: This phrase encompasses the transportation and delivery of gas across various locations in Iowa. Iowa Exhibit E ensures a smooth gas distribution process, addressing any imbalances that may arise. It's important to note that there might not be different types of Iowa Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 per se. However, variations or updates to the exhibit may occur over time to adapt to changing regulations or industry standards. These changes could result in different versions of the document, marked by their respective dates or revision numbers.
