This operating agreement exhibit is used in the event any party is not able to take its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which is unable at any time while the Operating Agreement is in effect to take the share of gas attributable to the interest of the party.
Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 typically refers to the specific exhibit included in a gas balancing agreement related to the operation of a gas facility in Rhode Island. This exhibit provides detailed information and guidelines regarding the gas balancing procedures, requirements, and responsibilities. Some relevant keywords associated with Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 are: 1. Gas Balancing: This refers to the process of ensuring that gas supply and demand are balanced to maintain operational efficiency and prevent imbalances in the gas system. 2. Operating Agreement: This is a legal document that outlines the terms and conditions governing the operation and management of a gas facility or infrastructure. 3. Rhode Island: This is the state in the United States where the gas facility covered by this gas balancing agreement is located. 4. Exhibit E: In the context of this agreement, Exhibit E is a specific section that contains the gas balancing provisions and details. Different types of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may exist based on the specific gas facility or gas company involved. However, it's essential to note that exhibit forms may vary in structure and terminology, but they generally cover the same core aspects of gas balancing procedures. The exhibit could include information such as: — Gas balancing methodology: This section outlines the specific methodology used for gas balancing, including calculation formulas, timeframes, and procedures to determine imbalances and allocate costs. — Measurement and monitoring: It details the measurement systems and instruments employed for accurate gas balancing, including metering equipment, data collection, and monitoring processes. — Allocation of gas imbalances: This segment clarifies how gas imbalances are attributed among the gas facility owners and stakeholders, including proportionate sharing of costs and responsibility. — Reporting and reconciliation: It specifies the reporting requirements for gas imbalances, including frequency, format, and submission deadlines, as well as the reconciliation process to resolve any discrepancies. — Compliance and dispute resolution: This section outlines the compliance obligations to relevant gas regulations in Rhode Island and provides guidelines for dispute resolution related to gas balancing disagreements among parties involved. — Amendments and termination: It discusses the procedure for making changes to the exhibit or terminating the gas balancing agreement, including the notice period and potential financial consequences. It's important to consult the specific Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 relevant to your situation for accurate information on the content and details included.Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 typically refers to the specific exhibit included in a gas balancing agreement related to the operation of a gas facility in Rhode Island. This exhibit provides detailed information and guidelines regarding the gas balancing procedures, requirements, and responsibilities. Some relevant keywords associated with Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 are: 1. Gas Balancing: This refers to the process of ensuring that gas supply and demand are balanced to maintain operational efficiency and prevent imbalances in the gas system. 2. Operating Agreement: This is a legal document that outlines the terms and conditions governing the operation and management of a gas facility or infrastructure. 3. Rhode Island: This is the state in the United States where the gas facility covered by this gas balancing agreement is located. 4. Exhibit E: In the context of this agreement, Exhibit E is a specific section that contains the gas balancing provisions and details. Different types of Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may exist based on the specific gas facility or gas company involved. However, it's essential to note that exhibit forms may vary in structure and terminology, but they generally cover the same core aspects of gas balancing procedures. The exhibit could include information such as: — Gas balancing methodology: This section outlines the specific methodology used for gas balancing, including calculation formulas, timeframes, and procedures to determine imbalances and allocate costs. — Measurement and monitoring: It details the measurement systems and instruments employed for accurate gas balancing, including metering equipment, data collection, and monitoring processes. — Allocation of gas imbalances: This segment clarifies how gas imbalances are attributed among the gas facility owners and stakeholders, including proportionate sharing of costs and responsibility. — Reporting and reconciliation: It specifies the reporting requirements for gas imbalances, including frequency, format, and submission deadlines, as well as the reconciliation process to resolve any discrepancies. — Compliance and dispute resolution: This section outlines the compliance obligations to relevant gas regulations in Rhode Island and provides guidelines for dispute resolution related to gas balancing disagreements among parties involved. — Amendments and termination: It discusses the procedure for making changes to the exhibit or terminating the gas balancing agreement, including the notice period and potential financial consequences. It's important to consult the specific Rhode Island Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 relevant to your situation for accurate information on the content and details included.
