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.
Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a significant legal document that plays a crucial role in governing the gas balancing operations within the Lima region in Arizona. This agreement outlines the specific terms, conditions, and processes involved in ensuring an accurate and balanced gas supply among the parties involved. The Gas Balancing Agreement — Form 1, in relatioclimatema, Arizona, is designed to regulate gas transmission, distribution, and consumption, establishing a fair and equitable framework for all participants. This document serves as a comprehensive guideline for maintaining gas flow stability, optimizing gas infrastructure performance, and avoiding imbalances that could affect supply reliability and contractual obligations. The Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may have different types, focusing on various aspects of gas balancing. Some possible variations or sections of this exhibit are: 1. Gas Allocation Methodology: This section defines the methodology used for allocating and scheduling the gas supply among the parties, ensuring fairness and efficiency. 2. Measurement and Metering: This segment outlines the standards, procedures, and equipment to be used for measuring gas quantities at various points in the system, ensuring accurate monitoring and billing. 3. Balancing Mechanism: This section describes the mechanism for balancing gas supply and demand within the Lima region, including provisions for penalties or compensation in case of imbalances. 4. Reporting and Communication: This part covers the reporting requirements and communication channels between the parties involved, enabling effective coordination and information exchange. 5. Dispute Resolution: This section provides guidelines for resolving disputes related to gas balancing, ensuring a fair and transparent process that promotes cooperation and timely resolution. 6. Force Mature Provisions: This segment addresses unforeseen events or circumstances that may impact gas balancing operations, establishing provisions for handling force majeure events and their potential impacts. It is essential for all parties involved in gas balancing operations within Lima, Arizona to thoroughly understand and adhere to the terms outlined in the Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. This document serves as a legal framework that promotes efficient gas supply management, fosters collaboration, and ensures a reliable and balanced gas distribution system.Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a significant legal document that plays a crucial role in governing the gas balancing operations within the Lima region in Arizona. This agreement outlines the specific terms, conditions, and processes involved in ensuring an accurate and balanced gas supply among the parties involved. The Gas Balancing Agreement — Form 1, in relatioclimatema, Arizona, is designed to regulate gas transmission, distribution, and consumption, establishing a fair and equitable framework for all participants. This document serves as a comprehensive guideline for maintaining gas flow stability, optimizing gas infrastructure performance, and avoiding imbalances that could affect supply reliability and contractual obligations. The Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may have different types, focusing on various aspects of gas balancing. Some possible variations or sections of this exhibit are: 1. Gas Allocation Methodology: This section defines the methodology used for allocating and scheduling the gas supply among the parties, ensuring fairness and efficiency. 2. Measurement and Metering: This segment outlines the standards, procedures, and equipment to be used for measuring gas quantities at various points in the system, ensuring accurate monitoring and billing. 3. Balancing Mechanism: This section describes the mechanism for balancing gas supply and demand within the Lima region, including provisions for penalties or compensation in case of imbalances. 4. Reporting and Communication: This part covers the reporting requirements and communication channels between the parties involved, enabling effective coordination and information exchange. 5. Dispute Resolution: This section provides guidelines for resolving disputes related to gas balancing, ensuring a fair and transparent process that promotes cooperation and timely resolution. 6. Force Mature Provisions: This segment addresses unforeseen events or circumstances that may impact gas balancing operations, establishing provisions for handling force majeure events and their potential impacts. It is essential for all parties involved in gas balancing operations within Lima, Arizona to thoroughly understand and adhere to the terms outlined in the Lima, Arizona Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. This document serves as a legal framework that promotes efficient gas supply management, fosters collaboration, and ensures a reliable and balanced gas distribution system.
