This operating agreement exhibit is used in the event any party is not able to take its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which is unable at any time while the Operating Agreement is in effect to take the share of gas attributable to the interest of the party.
Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that serves as an extension to the operating agreement between parties involved in gas balancing activities in Clark County, Nevada. This exhibit outlines the specific terms and conditions related to gas balancing, ensuring fair and efficient operations in the region. Gas balancing agreements are essential in the energy industry to manage and maintain proper levels of gas supply and demand. By incorporating an exhibit like Clark Nevada Exhibit E, the operating agreement can provide a detailed framework for balancing gas in a fair and transparent manner. Some relevant keywords associated with Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 include: 1. Clark County, Nevada: Refers to the specific geographical location where the gas balancing agreement is in effect. This county is likely home to gas production and distribution facilities. 2. Operating agreement: An agreement between the parties involved in gas balancing activities that outlines their rights, responsibilities, and obligations. Clark Nevada Exhibit E serves as an extension of this agreement, focusing specifically on gas balancing activities. 3. Gas balancing: The process of adjusting gas supply and demand to ensure a stable and reliable flow of gas throughout the system. Balancing activities may include managing storage, scheduling deliveries, and addressing any discrepancies or imbalances that arise. 4. Exhibit E: Denotes that this is the fifth exhibit included in the operating agreement. Each exhibit typically focuses on a specific aspect or topic related to the overall agreement, in this case, gas balancing. 5. Form 1: Suggests that there may be multiple forms or versions of the Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement. However, specific details about different types or variations are not provided in the given prompt. Overall, Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a critical component of the broader operating agreement. It addresses gas balancing practices and procedures in Clark County, Nevada, ensuring a smooth and efficient operation of the gas supply network while maintaining fairness and transparency among the involved parties.Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that serves as an extension to the operating agreement between parties involved in gas balancing activities in Clark County, Nevada. This exhibit outlines the specific terms and conditions related to gas balancing, ensuring fair and efficient operations in the region. Gas balancing agreements are essential in the energy industry to manage and maintain proper levels of gas supply and demand. By incorporating an exhibit like Clark Nevada Exhibit E, the operating agreement can provide a detailed framework for balancing gas in a fair and transparent manner. Some relevant keywords associated with Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 include: 1. Clark County, Nevada: Refers to the specific geographical location where the gas balancing agreement is in effect. This county is likely home to gas production and distribution facilities. 2. Operating agreement: An agreement between the parties involved in gas balancing activities that outlines their rights, responsibilities, and obligations. Clark Nevada Exhibit E serves as an extension of this agreement, focusing specifically on gas balancing activities. 3. Gas balancing: The process of adjusting gas supply and demand to ensure a stable and reliable flow of gas throughout the system. Balancing activities may include managing storage, scheduling deliveries, and addressing any discrepancies or imbalances that arise. 4. Exhibit E: Denotes that this is the fifth exhibit included in the operating agreement. Each exhibit typically focuses on a specific aspect or topic related to the overall agreement, in this case, gas balancing. 5. Form 1: Suggests that there may be multiple forms or versions of the Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement. However, specific details about different types or variations are not provided in the given prompt. Overall, Clark Nevada Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a critical component of the broader operating agreement. It addresses gas balancing practices and procedures in Clark County, Nevada, ensuring a smooth and efficient operation of the gas supply network while maintaining fairness and transparency among the involved parties.