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.
Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 refers to a specific document or agreement related to gas balancing activities in Santa Clara, California. This exhibit plays a crucial role in outlining the terms, conditions, and procedures for maintaining gas balance within the operating agreement. Keywords: Santa Clara, California, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 1 Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is typically used in the energy industry, specifically within the gas sector, to establish a framework for managing gas supply and demand. This agreement ensures that the gas distribution system operates smoothly, minimizing imbalances and optimizing flow. The exhibit contains comprehensive details pertaining to gas balancing, including measurement protocols, accounting procedures, and settlement mechanisms. It defines the roles and responsibilities of various parties involved, such as gas suppliers, operators, and transporters. The agreement also outlines the process for reporting gas imbalances and how they will be rectified, whether through monetary compensation or physical gas transfers. Different types of Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may exist based on specific contracts and the parties involved. Variations may arise in areas such as contractual terms, pricing mechanisms, and dispute resolution procedures. However, the core purpose of these agreements remains consistent: ensuring the efficient and equitable management of gas supplies. In conclusion, Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a crucial legal document that facilitates gas balancing activities within Santa Clara's energy sector. Through this agreement, gas providers, operators, and transporters in the region can establish guidelines and procedures to maintain a balanced and reliable gas supply system.Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 refers to a specific document or agreement related to gas balancing activities in Santa Clara, California. This exhibit plays a crucial role in outlining the terms, conditions, and procedures for maintaining gas balance within the operating agreement. Keywords: Santa Clara, California, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 1 Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is typically used in the energy industry, specifically within the gas sector, to establish a framework for managing gas supply and demand. This agreement ensures that the gas distribution system operates smoothly, minimizing imbalances and optimizing flow. The exhibit contains comprehensive details pertaining to gas balancing, including measurement protocols, accounting procedures, and settlement mechanisms. It defines the roles and responsibilities of various parties involved, such as gas suppliers, operators, and transporters. The agreement also outlines the process for reporting gas imbalances and how they will be rectified, whether through monetary compensation or physical gas transfers. Different types of Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 may exist based on specific contracts and the parties involved. Variations may arise in areas such as contractual terms, pricing mechanisms, and dispute resolution procedures. However, the core purpose of these agreements remains consistent: ensuring the efficient and equitable management of gas supplies. In conclusion, Santa Clara, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a crucial legal document that facilitates gas balancing activities within Santa Clara's energy sector. Through this agreement, gas providers, operators, and transporters in the region can establish guidelines and procedures to maintain a balanced and reliable gas supply system.
