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.
Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to the arrangement and management of gas balancing operations in Puerto Rico. This exhibit serves as an addendum or an attachment to the Operating Agreement for gas distribution or transportation companies operating in Puerto Rico. The agreement outlines the specific terms, conditions, and procedures for gas balancing activities in the region. Keywords: Puerto Rico, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 2, gas distribution, transportation companies, terms, conditions, procedures, legal document, addendum, attachment. Different types of Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Interstate Gas Balancing: This type of Exhibit E specifically addresses gas balancing operations between Puerto Rico and neighboring states or countries. It establishes protocols for the import and export of natural gas to ensure efficient balancing of the gas system across regions. 2. Intrastate Gas Balancing: This variant of Exhibit E focuses on gas balancing activities within Puerto Rico's boundaries. It establishes regulations and procedures for balancing gas supply and demand within the region's own gas distribution network. 3. Transmission Pipeline Gas Balancing: This type of Exhibit E specifically pertains to the gas balancing procedures for transmission pipelines in Puerto Rico. It outlines the mechanisms for accurately measuring and balancing gas flow along these pipeline networks. 4. Distribution Network Gas Balancing: This variant of Exhibit E concentrates on the gas balancing operations within Puerto Rico's distribution networks. It details the responsibilities of gas distribution companies in maintaining a balanced gas supply to consumers and ensuring the overall stability of the distribution system. In conclusion, Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that sets forth the terms, conditions, and procedures for gas balancing activities in Puerto Rico. It ensures efficient gas supply and demand management within the region's gas distribution and transportation networks. Different types of this exhibit may exist based on the specific focus, such as interstate or intrastate gas balancing, transmission pipeline or distribution network gas balancing.Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to the arrangement and management of gas balancing operations in Puerto Rico. This exhibit serves as an addendum or an attachment to the Operating Agreement for gas distribution or transportation companies operating in Puerto Rico. The agreement outlines the specific terms, conditions, and procedures for gas balancing activities in the region. Keywords: Puerto Rico, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 2, gas distribution, transportation companies, terms, conditions, procedures, legal document, addendum, attachment. Different types of Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include: 1. Interstate Gas Balancing: This type of Exhibit E specifically addresses gas balancing operations between Puerto Rico and neighboring states or countries. It establishes protocols for the import and export of natural gas to ensure efficient balancing of the gas system across regions. 2. Intrastate Gas Balancing: This variant of Exhibit E focuses on gas balancing activities within Puerto Rico's boundaries. It establishes regulations and procedures for balancing gas supply and demand within the region's own gas distribution network. 3. Transmission Pipeline Gas Balancing: This type of Exhibit E specifically pertains to the gas balancing procedures for transmission pipelines in Puerto Rico. It outlines the mechanisms for accurately measuring and balancing gas flow along these pipeline networks. 4. Distribution Network Gas Balancing: This variant of Exhibit E concentrates on the gas balancing operations within Puerto Rico's distribution networks. It details the responsibilities of gas distribution companies in maintaining a balanced gas supply to consumers and ensuring the overall stability of the distribution system. In conclusion, Puerto Rico Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that sets forth the terms, conditions, and procedures for gas balancing activities in Puerto Rico. It ensures efficient gas supply and demand management within the region's gas distribution and transportation networks. Different types of this exhibit may exist based on the specific focus, such as interstate or intrastate gas balancing, transmission pipeline or distribution network gas balancing.
