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.
Hennepin County, Minnesota is a vibrant and populous county located in the state of Minnesota, United States. It is home to several cities, including the county seat Minneapolis, and is known for its diverse culture, thriving arts scene, and beautiful natural landscapes. One particular document relevant to Hennepin County is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. This agreement is an important legal document that outlines the gas balancing procedures for a specific operating agreement within the county. The Gas Balancing Agreement is designed to ensure the accurate measurement and balancing of natural gas supplies for various operations in Hennepin County. It establishes guidelines and procedures for monitoring, reporting, and resolving any discrepancies or imbalances in gas quantities. The Hennepin Minnesota Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may have different variations or types depending on the specific operating agreement it pertains to. These variations are usually classified based on different factors like the parties involved, the duration of the agreement, and the specific gas balancing requirements. Some possible types or variations of the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 in Hennepin County may include: 1. Commercial Gas Balancing Agreement: This type of agreement could be specific to commercial operations, such as gas-powered businesses, industrial facilities, or commercial real estate developments in Hennepin County. It would outline the gas balancing procedures and responsibilities for these commercial entities. 2. Residential Gas Balancing Agreement: This variation might focus on gas balancing for residential properties or housing developments in Hennepin County. It would outline the gas balancing procedures and responsibilities for homeowners, landlords, or property management companies. 3. Public Utilities Gas Balancing Agreement: This type of agreement could involve public utility companies that provide gas services to customers in Hennepin County. It would specify the gas balancing procedures and responsibilities for these utilities to ensure fair and accurate distribution. Regardless of the specific variation, the Hennepin Minnesota Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document that aims to maintain the integrity and efficiency of gas supplies within Hennepin County. It ensures that gas quantities are accurately measured, monitored, and balanced, benefiting both the parties involved and the residents and businesses depending on these gas supplies.Hennepin County, Minnesota is a vibrant and populous county located in the state of Minnesota, United States. It is home to several cities, including the county seat Minneapolis, and is known for its diverse culture, thriving arts scene, and beautiful natural landscapes. One particular document relevant to Hennepin County is the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2. This agreement is an important legal document that outlines the gas balancing procedures for a specific operating agreement within the county. The Gas Balancing Agreement is designed to ensure the accurate measurement and balancing of natural gas supplies for various operations in Hennepin County. It establishes guidelines and procedures for monitoring, reporting, and resolving any discrepancies or imbalances in gas quantities. The Hennepin Minnesota Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may have different variations or types depending on the specific operating agreement it pertains to. These variations are usually classified based on different factors like the parties involved, the duration of the agreement, and the specific gas balancing requirements. Some possible types or variations of the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 in Hennepin County may include: 1. Commercial Gas Balancing Agreement: This type of agreement could be specific to commercial operations, such as gas-powered businesses, industrial facilities, or commercial real estate developments in Hennepin County. It would outline the gas balancing procedures and responsibilities for these commercial entities. 2. Residential Gas Balancing Agreement: This variation might focus on gas balancing for residential properties or housing developments in Hennepin County. It would outline the gas balancing procedures and responsibilities for homeowners, landlords, or property management companies. 3. Public Utilities Gas Balancing Agreement: This type of agreement could involve public utility companies that provide gas services to customers in Hennepin County. It would specify the gas balancing procedures and responsibilities for these utilities to ensure fair and accurate distribution. Regardless of the specific variation, the Hennepin Minnesota Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document that aims to maintain the integrity and efficiency of gas supplies within Hennepin County. It ensures that gas quantities are accurately measured, monitored, and balanced, benefiting both the parties involved and the residents and businesses depending on these gas supplies.