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.
Mecklenburg County is a county located in the state of North Carolina, USA. It is a prominent region within the state, known for its rich history, vibrant community, and numerous attractions. One specific aspect of Mecklenburg County's legal framework is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. The Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a document primarily used in the energy industry that governs the procedures and terms related to gas balancing within the county. This agreement ensures that gas distribution and supply in Mecklenburg County are balanced efficiently and effectively. The gas balancing agreement establishes guidelines for the allocation and reconciliation of gas quantities, outlining responsibilities of the parties involved in the process. It typically includes provisions for the monitoring and reporting of gas volumes, penalties for imbalances, dispute resolution mechanisms, and maintenance of accurate records. While there might not be different types of Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1, the document itself can vary depending on the entities involved, specific contractual arrangements, and relevant legal requirements. However, the core purpose and content generally remain consistent across agreements. Keywords: Mecklenburg County, North Carolina, exhibit E, operating agreement, gas balancing agreement, form 1, energy industry, gas distribution, gas supply, balancing procedures, gas quantities, allocation, reconciliation, responsibilities, monitoring, reporting, imbalances, dispute resolution, records.Mecklenburg County is a county located in the state of North Carolina, USA. It is a prominent region within the state, known for its rich history, vibrant community, and numerous attractions. One specific aspect of Mecklenburg County's legal framework is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. The Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a document primarily used in the energy industry that governs the procedures and terms related to gas balancing within the county. This agreement ensures that gas distribution and supply in Mecklenburg County are balanced efficiently and effectively. The gas balancing agreement establishes guidelines for the allocation and reconciliation of gas quantities, outlining responsibilities of the parties involved in the process. It typically includes provisions for the monitoring and reporting of gas volumes, penalties for imbalances, dispute resolution mechanisms, and maintenance of accurate records. While there might not be different types of Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1, the document itself can vary depending on the entities involved, specific contractual arrangements, and relevant legal requirements. However, the core purpose and content generally remain consistent across agreements. Keywords: Mecklenburg County, North Carolina, exhibit E, operating agreement, gas balancing agreement, form 1, energy industry, gas distribution, gas supply, balancing procedures, gas quantities, allocation, reconciliation, responsibilities, monitoring, reporting, imbalances, dispute resolution, records.