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.
Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to gas balancing agreements within the state of Missouri. This agreement outlines the terms and conditions for balancing gas quantities in order to ensure efficient and equitable distribution among parties involved. The gas balancing agreement is an essential component of gas operations within Missouri, allowing for the optimization of gas distribution, preventing imbalances, and maintaining a reliable gas supply to customers. This agreement helps to minimize disruptions and ensures fair allocation of gas resources among parties involved in gas operations. There may be different types of Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2, which can vary based on specific circumstances and parties involved. Here are a few potential variations: 1. Residential Gas Balancing Agreement: This type of agreement may be used by gas distribution companies to balance gas quantities specifically for residential customers. It ensures that the gas supply is distributed evenly among residential properties, taking into account factors such as consumption patterns and availability. 2. Commercial/Industrial Gas Balancing Agreement: This version of the agreement is designed for commercial and industrial gas users, such as factories, businesses, or large institutions. It outlines how gas quantities will be balanced to meet the specific demands of these customers and may include provisions for peak demand periods or special industrial processes. 3. Gas Supplier-Supplier Balancing Agreement: This agreement type is used between gas suppliers within Missouri to balance gas quantities exchanged between them. It ensures that suppliers maintain a balanced gas inventory and facilitates the smooth transfer of gas resources between different gas suppliers. 4. Gas Distribution Company-Producer Balancing Agreement: This type of agreement is between a gas distribution company and a gas producer. It outlines how gas quantities will be balanced to meet the gas distribution company's needs while considering the production capabilities of the gas producer. Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document for gas operations within Missouri. It establishes a framework for fair and efficient gas distribution among parties involved, ensuring a reliable gas supply for residential, commercial, and industrial users throughout the state.Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to gas balancing agreements within the state of Missouri. This agreement outlines the terms and conditions for balancing gas quantities in order to ensure efficient and equitable distribution among parties involved. The gas balancing agreement is an essential component of gas operations within Missouri, allowing for the optimization of gas distribution, preventing imbalances, and maintaining a reliable gas supply to customers. This agreement helps to minimize disruptions and ensures fair allocation of gas resources among parties involved in gas operations. There may be different types of Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2, which can vary based on specific circumstances and parties involved. Here are a few potential variations: 1. Residential Gas Balancing Agreement: This type of agreement may be used by gas distribution companies to balance gas quantities specifically for residential customers. It ensures that the gas supply is distributed evenly among residential properties, taking into account factors such as consumption patterns and availability. 2. Commercial/Industrial Gas Balancing Agreement: This version of the agreement is designed for commercial and industrial gas users, such as factories, businesses, or large institutions. It outlines how gas quantities will be balanced to meet the specific demands of these customers and may include provisions for peak demand periods or special industrial processes. 3. Gas Supplier-Supplier Balancing Agreement: This agreement type is used between gas suppliers within Missouri to balance gas quantities exchanged between them. It ensures that suppliers maintain a balanced gas inventory and facilitates the smooth transfer of gas resources between different gas suppliers. 4. Gas Distribution Company-Producer Balancing Agreement: This type of agreement is between a gas distribution company and a gas producer. It outlines how gas quantities will be balanced to meet the gas distribution company's needs while considering the production capabilities of the gas producer. Missouri Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document for gas operations within Missouri. It establishes a framework for fair and efficient gas distribution among parties involved, ensuring a reliable gas supply for residential, commercial, and industrial users throughout the state.