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.
Franklin Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document pertaining to gas balancing agreements in Franklin, Ohio. This agreement is generally used in the oil and gas industry and serves to define the terms and conditions related to gas balancing arrangements between multiple parties. Keywords: — Franklin Ohio: The document is specific to Franklin, Ohio, indicating that it is applicable within the jurisdiction of this location. — Exhibit E: It is referred to as "Exhibit E" within the operating agreement, signifying that it is one of several exhibits accompanying the main agreement. — Operating Agreement: The document is part of an operating agreement, which outlines the responsibilities and rights of the parties involved in the gas balancing arrangement. — Gas Balancing Agreement: It is specifically related to gas balancing agreements, which are contracts that determine how discrepancies in gas supply and demand will be reconciled. — Form 2: This particular agreement is referred to as "Form 2," suggesting that it follows a specific format or template established within the industry. Types of Franklin Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2: While there may not be different types of this exhibit specifically, it is possible that variations or modifications of this form could exist. These variations might include specific clauses, additional provisions, or customized terms tailored to the unique needs of the parties involved. However, without further information, it is difficult to identify specific types or variations of this agreement.Franklin Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document pertaining to gas balancing agreements in Franklin, Ohio. This agreement is generally used in the oil and gas industry and serves to define the terms and conditions related to gas balancing arrangements between multiple parties. Keywords: — Franklin Ohio: The document is specific to Franklin, Ohio, indicating that it is applicable within the jurisdiction of this location. — Exhibit E: It is referred to as "Exhibit E" within the operating agreement, signifying that it is one of several exhibits accompanying the main agreement. — Operating Agreement: The document is part of an operating agreement, which outlines the responsibilities and rights of the parties involved in the gas balancing arrangement. — Gas Balancing Agreement: It is specifically related to gas balancing agreements, which are contracts that determine how discrepancies in gas supply and demand will be reconciled. — Form 2: This particular agreement is referred to as "Form 2," suggesting that it follows a specific format or template established within the industry. Types of Franklin Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2: While there may not be different types of this exhibit specifically, it is possible that variations or modifications of this form could exist. These variations might include specific clauses, additional provisions, or customized terms tailored to the unique needs of the parties involved. However, without further information, it is difficult to identify specific types or variations of this agreement.
