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.
Philadelphia, Pennsylvania is a bustling city located in the northeastern part of the United States. It is the largest city in the state of Pennsylvania and the sixth-most populous city in the country. Known for its rich history, vibrant culture, and iconic landmarks, Philadelphia offers a unique blend of old-world charm and modern urban life. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a crucial component of the gas industry in Philadelphia. This agreement serves as a comprehensive framework for balancing gas supplies and maintaining stability in the region's gas distribution network. It outlines the terms, conditions, and obligations of the parties involved in the agreement, ensuring smooth and efficient gas supply operations. Different types of Philadelphia, Pennsylvania Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may include variations tailored to specific circumstances or entities. These variations could be categorized based on the following relevant keywords: 1. Commercial Gas Balancing Agreement: This type of agreement might be specific to commercial entities involved in the gas industry. It outlines the responsibilities and procedures for gas balancing between commercial suppliers, distributors, and end-users. 2. Residential Gas Balancing Agreement: Specifically designed for residential gas consumers, this variation focuses on maintaining a balanced gas supply to households in Philadelphia. It provides guidelines for monitoring and addressing any discrepancies in gas consumption and distribution. 3. Industrial Gas Balancing Agreement: Industrial facilities, such as factories and manufacturing plants, may require a distinct agreement to manage their unique gas balancing needs. This type of agreement would address the specific requirements of these energy-intensive operations. 4. Municipal Gas Balancing Agreement: Exhibiting Philadelphia's commitment to sustainability, this variation could cater to agreements between the city and gas suppliers, ensuring efficient and balanced gas distribution across municipal buildings, schools, and public facilities. Regardless of the specific type of Philadelphia, Pennsylvania Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1, its purpose remainconstantan— – to establish a framework that promotes gas stability, reliability, and continuous supply to meet the energy needs of the city and its residents.
