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.
Santa Clara California is a vibrant city located in the heart of Silicon Valley. It is known for its booming tech industry, diverse culture, and stunning natural landscapes. One of the attractions that adds to the charm of Santa Clara California is the iconic Santa Clara California Obligatory Well. This renowned well serves as a focal point for locals and visitors alike. The Santa Clara California Obligatory Well is a cherished landmark that symbolizes the city's deep-rooted history and significance. It is a well-preserved historical artifact dating back to the early days of settlement in Santa Clara. This well holds immense importance as it provides valuable insights into the community's reliance on natural resources and the way of life during earlier times. This unique well stands as a reminder of Santa Clara's agricultural past, showcasing the region's rich farming heritage. It is a testament to the city's commitment to preserving its historical identity and serving as an educational attraction for generations to come. There are various types of Santa Clara California Obligatory Wells, each featuring distinct characteristics and historical significance. These include: 1. The Old Town Well: Located in the heart of Santa Clara's historic downtown district, this well is a treasured relic from the town's pioneering days. It embodies the essence of Santa Clara's early settlement and showcases the importance of water for sustenance and growth. 2. The Mission Well: Situated near the renowned Santa Clara Mission, this well holds immense religious and cultural significance. It serves as a reminder of the mission's reliance on water and its role in supporting the community's spiritual and practical needs. 3. The Park Well: Found in one of Santa Clara's beautiful parks, this well offers a tranquil escape for residents and visitors alike. Surrounded by lush greenery and manicured gardens, it provides a serene spot to relax and reflect on Santa Clara's past while enjoying the present. Exploring Santa Clara California Obligatory Wells delights visitors with insights into the region's history, illuminating the path toward progress and development. It is a must-see attraction for anyone looking to delve deeper into Santa Clara's cultural fabric and appreciate the hard work and resilience of its early settlers. So, when visiting Santa Clara California, make sure to include a visit to one of these significant wells to fully immerse yourself in the city's rich heritage.
