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.
San Jose California is a vibrant city located in the northern part of California's breathtaking Bay Area. As the capital of Silicon Valley, San Jose boasts a diverse population and serves as a thriving hub for innovation, technology, and entrepreneurship. It's a perfect blend of culture, entertainment, and natural beauty. Venturing deeper into the heart of San Jose, we encounter the intriguing San Jose California Obligatory Well. This well, known for its historical significance, offers a glimpse into the city's rich past and acts as a symbol of resilience. Dating back to the early 1800s, the San Jose California Obligatory Well played a crucial role in the settlement and development of the region. Indigenous tribes, Spanish missionaries, and early settlers relied on these wells for their water needs, laying the foundation for the city's growth. The Obligatory Well is not a single entity, but rather a collection of wells spread throughout San Jose, each with its unique story. One notable example is the Penalty Adobe Obligatory Well. Located adjacent to the historic Penalty Adobe, the oldest building in San Jose, this well served as a lifeline for the city's early inhabitants. Now preserved as a historical landmark, the Penalty Adobe Obligatory Well showcases the craftsmanship of the era and offers visitors a glimpse into the bygone days. Another remarkable variant of the San Jose California Obligatory Well is the Guadalupe River Park Obligatory Well. Situated within the stunning Guadalupe River Park and Gardens, this well not only serves as a historical artifact but also highlights the city's commitment to environmental sustainability. Visitors can explore the picturesque park while learning about the well's role in shaping San Jose's water history. The San Jose California Obligatory Wells, collectively, underline the city's dedication to preserving its heritage and honoring the pioneers who paved the way for its development. These unique landmarks connect residents and visitors alike with the city's past, fostering a sense of appreciation for the intricate tapestry of San Jose's history. So, whether you're a history enthusiast eager to uncover the city's roots or simply someone seeking to immerse yourself in the vibrant ambiance of San Jose, the San Jose California Obligatory Well is a must-visit attraction. Explore the numerous wells scattered across the city to gain a deeper understanding of their historical significance and their contribution to shaping the San Jose we see today.San Jose California is a vibrant city located in the northern part of California's breathtaking Bay Area. As the capital of Silicon Valley, San Jose boasts a diverse population and serves as a thriving hub for innovation, technology, and entrepreneurship. It's a perfect blend of culture, entertainment, and natural beauty. Venturing deeper into the heart of San Jose, we encounter the intriguing San Jose California Obligatory Well. This well, known for its historical significance, offers a glimpse into the city's rich past and acts as a symbol of resilience. Dating back to the early 1800s, the San Jose California Obligatory Well played a crucial role in the settlement and development of the region. Indigenous tribes, Spanish missionaries, and early settlers relied on these wells for their water needs, laying the foundation for the city's growth. The Obligatory Well is not a single entity, but rather a collection of wells spread throughout San Jose, each with its unique story. One notable example is the Penalty Adobe Obligatory Well. Located adjacent to the historic Penalty Adobe, the oldest building in San Jose, this well served as a lifeline for the city's early inhabitants. Now preserved as a historical landmark, the Penalty Adobe Obligatory Well showcases the craftsmanship of the era and offers visitors a glimpse into the bygone days. Another remarkable variant of the San Jose California Obligatory Well is the Guadalupe River Park Obligatory Well. Situated within the stunning Guadalupe River Park and Gardens, this well not only serves as a historical artifact but also highlights the city's commitment to environmental sustainability. Visitors can explore the picturesque park while learning about the well's role in shaping San Jose's water history. The San Jose California Obligatory Wells, collectively, underline the city's dedication to preserving its heritage and honoring the pioneers who paved the way for its development. These unique landmarks connect residents and visitors alike with the city's past, fostering a sense of appreciation for the intricate tapestry of San Jose's history. So, whether you're a history enthusiast eager to uncover the city's roots or simply someone seeking to immerse yourself in the vibrant ambiance of San Jose, the San Jose California Obligatory Well is a must-visit attraction. Explore the numerous wells scattered across the city to gain a deeper understanding of their historical significance and their contribution to shaping the San Jose we see today.
