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.
Suffolk County, located in the state of New York, is a diverse and vibrant region that offers a rich history, picturesque landscapes, and a thriving community. One important document relating to the operations within Suffolk County is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. This agreement plays a crucial role in maintaining a balance in the gas industry operations in the county. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that outlines the terms and conditions for gas balancing within the county. Gas balancing refers to the process of reconciling and adjusting gas supply and demand to ensure efficient and consistent delivery to consumers. This agreement serves as a framework for gas companies operating within Suffolk County to manage gas balancing effectively. The Suffolk New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 has various types depending on the specific requirements and circumstances. These may include agreements tailored for different gas companies, contract durations, and specific regulatory considerations. Each agreement is designed to address the unique needs and challenges of the gas industry in Suffolk County. The agreement outlines key aspects such as gas supply and delivery obligations, measurement and metering requirements, gas quality specifications, dispute resolution mechanisms, and operational procedures. It aims to promote fair practices, reliable service, and compliance with pertinent regulations. By establishing a comprehensive set of guidelines and protocols, this agreement helps ensure that gas companies operating within Suffolk County can efficiently manage their operations while meeting the energy needs of the local community. It creates a framework that fosters collaboration and coordination among gas industry stakeholders in Suffolk County. In conclusion, the Suffolk New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a critical document that governs gas balancing operations within Suffolk County. It provides a structured approach to manage gas supply and demand, maintain overall system integrity, and ensure the seamless provision of gas services to residents and businesses throughout the county.Suffolk County, located in the state of New York, is a diverse and vibrant region that offers a rich history, picturesque landscapes, and a thriving community. One important document relating to the operations within Suffolk County is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1. This agreement plays a crucial role in maintaining a balance in the gas industry operations in the county. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a legal document that outlines the terms and conditions for gas balancing within the county. Gas balancing refers to the process of reconciling and adjusting gas supply and demand to ensure efficient and consistent delivery to consumers. This agreement serves as a framework for gas companies operating within Suffolk County to manage gas balancing effectively. The Suffolk New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 has various types depending on the specific requirements and circumstances. These may include agreements tailored for different gas companies, contract durations, and specific regulatory considerations. Each agreement is designed to address the unique needs and challenges of the gas industry in Suffolk County. The agreement outlines key aspects such as gas supply and delivery obligations, measurement and metering requirements, gas quality specifications, dispute resolution mechanisms, and operational procedures. It aims to promote fair practices, reliable service, and compliance with pertinent regulations. By establishing a comprehensive set of guidelines and protocols, this agreement helps ensure that gas companies operating within Suffolk County can efficiently manage their operations while meeting the energy needs of the local community. It creates a framework that fosters collaboration and coordination among gas industry stakeholders in Suffolk County. In conclusion, the Suffolk New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 1 is a critical document that governs gas balancing operations within Suffolk County. It provides a structured approach to manage gas supply and demand, maintain overall system integrity, and ensure the seamless provision of gas services to residents and businesses throughout the county.