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.
Mecklenburg County, North Carolina, is a vibrant and bustling area located in the heart of the state. Known for its rich history, stunning natural landscapes, and thriving economic sector, Mecklenburg County offers a wide range of experiences for residents and visitors alike. One prominent aspect of the county is its legal framework, including the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2, which plays a crucial role in the management of gas balancing activities. The Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document used by gas companies and other stakeholders involved in gas operations within the county. It serves as an essential reference point for establishing rules and guidelines related to gas balancing activities, ensuring a fair and efficient distribution of gas resources throughout the region. The primary purpose of this agreement is to outline the responsibilities and obligations of parties involved in gas balancing. It covers various aspects such as gas production, transportation, and delivery, as well as outlining the processes for resolving imbalances that may occur during operations. The form provides a structured framework to manage fluctuations in gas supply and demand and maintain a stable gas distribution network. While the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a general term used to describe this type of agreement in Mecklenburg County, it's important to note that there may be different versions or variations of this form. These variations could be based on specific gas companies, projects, or other factors that necessitate tailored agreements to meet unique requirements. In conclusion, the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a vital legal document that establishes guidelines for gas balancing activities in Mecklenburg County. It ensures fair and efficient distribution of gas resources, contributing to the seamless operation and stability of the county's gas network.Mecklenburg County, North Carolina, is a vibrant and bustling area located in the heart of the state. Known for its rich history, stunning natural landscapes, and thriving economic sector, Mecklenburg County offers a wide range of experiences for residents and visitors alike. One prominent aspect of the county is its legal framework, including the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2, which plays a crucial role in the management of gas balancing activities. The Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document used by gas companies and other stakeholders involved in gas operations within the county. It serves as an essential reference point for establishing rules and guidelines related to gas balancing activities, ensuring a fair and efficient distribution of gas resources throughout the region. The primary purpose of this agreement is to outline the responsibilities and obligations of parties involved in gas balancing. It covers various aspects such as gas production, transportation, and delivery, as well as outlining the processes for resolving imbalances that may occur during operations. The form provides a structured framework to manage fluctuations in gas supply and demand and maintain a stable gas distribution network. While the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a general term used to describe this type of agreement in Mecklenburg County, it's important to note that there may be different versions or variations of this form. These variations could be based on specific gas companies, projects, or other factors that necessitate tailored agreements to meet unique requirements. In conclusion, the Mecklenburg North Carolina Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a vital legal document that establishes guidelines for gas balancing activities in Mecklenburg County. It ensures fair and efficient distribution of gas resources, contributing to the seamless operation and stability of the county's gas network.
