This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.
Alameda, California, is a vibrant city nestled in the San Francisco Bay Area. Known for its rich cultural heritage, diverse population, and stunning scenic beauty, Alameda offers something for everyone. One prominent feature that stands out in this city is the Alameda California Obligatory Well, an iconic landmark preserving the region's history and a source of communal gathering. The Alameda California Obligatory Well serves as a testament to the city's commitment to sustainable water management and its historical significance. This well, also referred to as the "Alameda Obligatory Well," is a symbol of resilience and responsible resource usage. It represents an essential component in providing clean water to the community and maintaining the region's environmental stability. There are several types of Alameda California Obligatory Wells, each contributing to the overall functionality and visual appeal of the city. Some noteworthy variations include: 1. Historical Public Wells: These wells are remnants of the past and have been meticulously preserved to showcase the historical significance of Alameda. They give visitors a glimpse of the city's origins and the role these wells played in providing water to early settlers. 2. Modern Well Systems: Alameda's commitment to sustainable practices is reflected in its modern well systems. These wells incorporate advanced technologies to ensure optimum water quality and efficiency. From extraction to filtration, these systems are designed to fulfill the community's water needs responsibly. 3. Decorative Well Displays: Adding a touch of aesthetic charm to the city, decorative well displays are scattered throughout Alameda. These visually pleasing structures honor the importance of water resources while beautifying public spaces. They serve as focal points in various parks, plazas, and promenades, attracting both locals and tourists alike. 4. Community Engagement Wells: Alameda is well-known for its strong sense of community and civic engagement. Community engagement wells provide a platform for residents to participate actively in water conservation initiatives and water quality monitoring programs. They encourage environmentally-conscious behavior, fostering a shared responsibility towards preserving this precious resource. Overall, the Alameda California Obligatory Well is an integral part of the city's identity, blending functionality, history, and societal participation. It epitomizes Alameda's commitment to water sustainability and serves as a compelling reminder of the importance of responsible resource management.Alameda, California, is a vibrant city nestled in the San Francisco Bay Area. Known for its rich cultural heritage, diverse population, and stunning scenic beauty, Alameda offers something for everyone. One prominent feature that stands out in this city is the Alameda California Obligatory Well, an iconic landmark preserving the region's history and a source of communal gathering. The Alameda California Obligatory Well serves as a testament to the city's commitment to sustainable water management and its historical significance. This well, also referred to as the "Alameda Obligatory Well," is a symbol of resilience and responsible resource usage. It represents an essential component in providing clean water to the community and maintaining the region's environmental stability. There are several types of Alameda California Obligatory Wells, each contributing to the overall functionality and visual appeal of the city. Some noteworthy variations include: 1. Historical Public Wells: These wells are remnants of the past and have been meticulously preserved to showcase the historical significance of Alameda. They give visitors a glimpse of the city's origins and the role these wells played in providing water to early settlers. 2. Modern Well Systems: Alameda's commitment to sustainable practices is reflected in its modern well systems. These wells incorporate advanced technologies to ensure optimum water quality and efficiency. From extraction to filtration, these systems are designed to fulfill the community's water needs responsibly. 3. Decorative Well Displays: Adding a touch of aesthetic charm to the city, decorative well displays are scattered throughout Alameda. These visually pleasing structures honor the importance of water resources while beautifying public spaces. They serve as focal points in various parks, plazas, and promenades, attracting both locals and tourists alike. 4. Community Engagement Wells: Alameda is well-known for its strong sense of community and civic engagement. Community engagement wells provide a platform for residents to participate actively in water conservation initiatives and water quality monitoring programs. They encourage environmentally-conscious behavior, fostering a shared responsibility towards preserving this precious resource. Overall, the Alameda California Obligatory Well is an integral part of the city's identity, blending functionality, history, and societal participation. It epitomizes Alameda's commitment to water sustainability and serves as a compelling reminder of the importance of responsible resource management.