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.
Located in Franklin, Ohio, the Franklin Ohio Obligatory Well is a significant site with historical and cultural significance. This distinguished well has attracted tourists and history enthusiasts alike, providing a unique glimpse into the region's rich past. Dating back several centuries, this well serves as a testament to the community's deep-rooted traditions and the importance of water sources in its development. Serving as both a source of sustenance and a gathering place, the Franklin Ohio Obligatory Well stands as an emblem of the area's history and progress. The Franklin Ohio Obligatory Well encompasses various types, each showcasing intriguing features and historical significance. The first noteworthy type is the Artesian well, renowned for its natural flow of water under pressure. This well reveals the area's geological composition and highlights the region's natural resources. Another type is the Community well, which played a crucial role in Franklin's early settlements. Serving as a water source for early pioneers, these wells fostered a sense of community and cooperation among residents. Today, they offer a glimpse into the daily lives and challenges faced by the town's early inhabitants. Furthermore, the Franklin Ohio Obligatory Well includes Irrigation wells, adding to the area's agricultural heritage. These wells supplied water for farming and crop irrigation, contributing to the development of a prosperous farming community. Additionally, the Franklin Ohio Obligatory Well series includes ornamental wells. These wells are characterized by their unique design and decorative elements, often found in public parks or gardens. They add aesthetic value to the town and serve as a symbol of civic pride. In recent years, efforts have been made to preserve and restore the Franklin Ohio Obligatory Well. The local community has recognized the importance of these historical landmarks and has taken strides to maintain and improve them. Preservation initiatives have included regular maintenance, protective structures, and informative signage, ensuring that future generations can appreciate and learn from these significant wells. Visitors to Franklin, Ohio are encouraged to explore the Franklin Ohio Obligatory Well and immerse themselves in the town's captivating history. By experiencing these wells firsthand, visitors can gain a deeper appreciation for the area's cultural heritage and the vital role water played in shaping Franklin's identity. Whether one is interested in geology, community development, or historical preservation, the Franklin Ohio Obligatory Well offers a fascinating journey through time.Located in Franklin, Ohio, the Franklin Ohio Obligatory Well is a significant site with historical and cultural significance. This distinguished well has attracted tourists and history enthusiasts alike, providing a unique glimpse into the region's rich past. Dating back several centuries, this well serves as a testament to the community's deep-rooted traditions and the importance of water sources in its development. Serving as both a source of sustenance and a gathering place, the Franklin Ohio Obligatory Well stands as an emblem of the area's history and progress. The Franklin Ohio Obligatory Well encompasses various types, each showcasing intriguing features and historical significance. The first noteworthy type is the Artesian well, renowned for its natural flow of water under pressure. This well reveals the area's geological composition and highlights the region's natural resources. Another type is the Community well, which played a crucial role in Franklin's early settlements. Serving as a water source for early pioneers, these wells fostered a sense of community and cooperation among residents. Today, they offer a glimpse into the daily lives and challenges faced by the town's early inhabitants. Furthermore, the Franklin Ohio Obligatory Well includes Irrigation wells, adding to the area's agricultural heritage. These wells supplied water for farming and crop irrigation, contributing to the development of a prosperous farming community. Additionally, the Franklin Ohio Obligatory Well series includes ornamental wells. These wells are characterized by their unique design and decorative elements, often found in public parks or gardens. They add aesthetic value to the town and serve as a symbol of civic pride. In recent years, efforts have been made to preserve and restore the Franklin Ohio Obligatory Well. The local community has recognized the importance of these historical landmarks and has taken strides to maintain and improve them. Preservation initiatives have included regular maintenance, protective structures, and informative signage, ensuring that future generations can appreciate and learn from these significant wells. Visitors to Franklin, Ohio are encouraged to explore the Franklin Ohio Obligatory Well and immerse themselves in the town's captivating history. By experiencing these wells firsthand, visitors can gain a deeper appreciation for the area's cultural heritage and the vital role water played in shaping Franklin's identity. Whether one is interested in geology, community development, or historical preservation, the Franklin Ohio Obligatory Well offers a fascinating journey through time.
