This operating agreement exhibit provides that each party has the right to take in kind its share of gas produced from the Contract Area and market or otherwise dispose of its gas. In the event any party is not, at any time, taking or marketing its share of gas, or has contracted to sell its share of gas produced from the Contract Area to a purchaser which does not, at any time, take the full share of gas attributable to the interest of the party, then the terms of this agreement shall automatically become operative.
Bronx New York is a vibrant borough located in New York City, known for its rich history, diverse population, and cultural significance. It is home to numerous landmarks, attractions, and neighborhoods that make it a highly sought-after destination for residents and tourists alike. Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 refers to a specific document that is a part of the operating agreement for gas balancing in the Bronx, New York area. This agreement is designed to ensure the efficient and fair distribution of gas resources in the region to meet the demands of various stakeholders. The Bronx, being one of the five boroughs that comprise New York City, has a significant need for a gas balancing agreement to manage the supply and demand of gas resources. This balancing agreement outlines the responsibilities, rights, and obligations of the parties involved in the gas distribution process. Different types of Bronx New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may include specific agreements for different areas or zones within the Bronx. For example, there might be separate agreements for commercial and residential gas services, each with their own terms and conditions. The Gas Balancing Agreement aims to maintain a consistent supply of gas while preventing any imbalances between the supply and demand in the Bronx area. It typically includes provisions for measuring, monitoring, and adjusting gas flow, as well as guidelines for handling any discrepancies or deviations from the agreed-upon gas allocation. The specific keywords relevant to this topic might include "Bronx New York," "Exhibit E," "Operating Agreement," "Gas Balancing Agreement," "Form 2," "gas distribution," "supply and demand," "gas resources," "gas flow measurement," "gas allocation," and "Bronx neighborhoods." By incorporating these keywords, the content becomes more tailored to the specific subject of the Bronx New York Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2.
