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.
Wayne, Michigan is a vibrant city located in Wayne County, Michigan, known for its rich history and abundant recreational opportunities. One notable feature of Wayne is the Wayne Michigan Obligatory Well, which serves as a prominent landmark in the area. The Wayne Michigan Obligatory Well is a remarkable structure that has served the community for years. It symbolizes the city's commitment to ensuring a reliable water supply to its residents. Nestled within the heart of Wayne, this well is part of an extensive network of water sources that provide clean and safe drinking water to the local population. There are several types of the Wayne Michigan Obligatory Well, each designed to address different water treatment and distribution needs in the area. Some notable variations include: 1. Residential Obligatory Wells: These wells are specifically designed to cater to the water demands of individual households within Wayne, Michigan. They utilize state-of-the-art techniques and equipment to ensure the delivery of safe and clean water directly to residents' homes. 2. Commercial Obligatory Wells: As Wayne is home to a thriving business community, commercial obligatory wells are implemented to address the water requirements of industries, offices, and other commercial establishments. These wells are capable of handling higher water volumes to meet the demands of larger-scale operations. 3. Municipal Obligatory Wells: These wells are owned and operated by the city's municipal authority. They work in tandem with the local water treatment plant to supply water to schools, hospitals, governmental offices, and other public facilities. Municipal obligatory wells play a vital role in providing a sustainable water supply to essential community infrastructures. 4. Agricultural Obligatory Wells: Wayne, Michigan, is surrounded by fertile land, making it an ideal location for agriculture. Agricultural obligatory wells are crucial for meeting the irrigation needs of farms, supporting the growth of crops, and sustaining the local agricultural industry. Overall, the Wayne Michigan Obligatory Well system plays a vital role in ensuring the well-being of Wayne's residents and the growth of its economy. With different types of wells catering to various sectors, this remarkable infrastructure embodies the city's commitment to water conservation, environmental sustainability, and the overall welfare of its community.
