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.
Middlesex County is a diverse and vibrant region located in the northeastern part of Massachusetts. It is one of the most populous counties in the state, covering a wide area that includes 54 cities and towns. Middlesex County has a rich history, dating back to its founding in 1643, and is known for its significant contributions to various industries, including manufacturing, technology, and education. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that specifically pertains to the gas balancing agreement within the operating agreement of gas-related operations in Middlesex County. This exhibit outlines the terms and conditions for balancing gas supply and demand within the specified area, ensuring a smooth and efficient operation. The exhibit provides a comprehensive framework for gas balancing activities, including guidelines on gas allocation, measurement, and settlement procedures. It also covers the responsibilities and rights of the parties involved in the gas balancing agreement, such as gas producers, pipeline operators, and consumers. While there may be variations of the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 depending on specific circumstances or modifications, the primary purpose remains the same — to establish a transparent and collaborative approach to managing gas balancing activities in Middlesex County. Some possible variations or types of this exhibit might include specific provisions for different gas transmission capacities or pipeline infrastructure, variations in balancing methodologies based on seasonal demand patterns, or modifications tailored to specific gas market structures within Middlesex County. Overall, the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is an essential document in ensuring the efficient and reliable operation of gas supply systems in the region, protecting the interests of all stakeholders involved, and maintaining a stable gas supply for the residents and businesses in Middlesex County.Middlesex County is a diverse and vibrant region located in the northeastern part of Massachusetts. It is one of the most populous counties in the state, covering a wide area that includes 54 cities and towns. Middlesex County has a rich history, dating back to its founding in 1643, and is known for its significant contributions to various industries, including manufacturing, technology, and education. The Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that specifically pertains to the gas balancing agreement within the operating agreement of gas-related operations in Middlesex County. This exhibit outlines the terms and conditions for balancing gas supply and demand within the specified area, ensuring a smooth and efficient operation. The exhibit provides a comprehensive framework for gas balancing activities, including guidelines on gas allocation, measurement, and settlement procedures. It also covers the responsibilities and rights of the parties involved in the gas balancing agreement, such as gas producers, pipeline operators, and consumers. While there may be variations of the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 depending on specific circumstances or modifications, the primary purpose remains the same — to establish a transparent and collaborative approach to managing gas balancing activities in Middlesex County. Some possible variations or types of this exhibit might include specific provisions for different gas transmission capacities or pipeline infrastructure, variations in balancing methodologies based on seasonal demand patterns, or modifications tailored to specific gas market structures within Middlesex County. Overall, the Middlesex Massachusetts Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is an essential document in ensuring the efficient and reliable operation of gas supply systems in the region, protecting the interests of all stakeholders involved, and maintaining a stable gas supply for the residents and businesses in Middlesex County.
