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.
Salt Lake City, Utah, is the capital and largest city of the state of Utah, located in the western United States. Known for its stunning mountain vistas, outdoor recreational opportunities, and vibrant culture, Salt Lake City has a lot to offer visitors and residents alike. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document related to gas balancing in Salt Lake City, Utah. It is an essential component of the operating agreement, outlining the terms and conditions for gas balancing within the city. This agreement ensures that gas distribution and consumption are adequately regulated and balanced, promoting efficient energy management and avoiding imbalances or shortages. There may be different types of Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 in Salt Lake City, Utah, depending on the specific requirements and agreements of the parties involved. Some potential variations of this exhibit could include: 1. Residential Gas Balancing Agreement: This type of agreement would focus on gas balancing for residential properties within Salt Lake City. It would lay out the responsibilities of homeowners, gas utility companies, and regulatory bodies in maintaining a balanced gas supply to households. 2. Industrial Gas Balancing Agreement: This agreement would be tailored to meet the needs of industrial facilities in Salt Lake City, which often have significant gas consumption requirements. It would address gas balancing measures specific to these large-scale operations to ensure a consistent and reliable gas supply for their processes. 3. Commercial Gas Balancing Agreement: This type of agreement would target commercial businesses and establishments across Salt Lake City, such as hotels, restaurants, and retail outlets. It would detail the gas balancing obligations for these entities, accounting for varying consumption patterns and demand fluctuations. 4. Municipal Gas Balancing Agreement: This agreement would pertain to gas balancing arrangements for public utilities within Salt Lake City, such as schools, hospitals, government buildings, and public transportation systems. It would outline the gas distribution responsibilities and contingencies to ensure uninterrupted service to essential municipal facilities. In conclusion, the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document regulating gas balancing activities in Salt Lake City, Utah. It ensures the efficient distribution and consumption of gas while avoiding imbalances or shortages. Different variations of this agreement may exist to cater to various sectors like residential, commercial, industrial, and municipal gas consumers.Salt Lake City, Utah, is the capital and largest city of the state of Utah, located in the western United States. Known for its stunning mountain vistas, outdoor recreational opportunities, and vibrant culture, Salt Lake City has a lot to offer visitors and residents alike. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document related to gas balancing in Salt Lake City, Utah. It is an essential component of the operating agreement, outlining the terms and conditions for gas balancing within the city. This agreement ensures that gas distribution and consumption are adequately regulated and balanced, promoting efficient energy management and avoiding imbalances or shortages. There may be different types of Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 in Salt Lake City, Utah, depending on the specific requirements and agreements of the parties involved. Some potential variations of this exhibit could include: 1. Residential Gas Balancing Agreement: This type of agreement would focus on gas balancing for residential properties within Salt Lake City. It would lay out the responsibilities of homeowners, gas utility companies, and regulatory bodies in maintaining a balanced gas supply to households. 2. Industrial Gas Balancing Agreement: This agreement would be tailored to meet the needs of industrial facilities in Salt Lake City, which often have significant gas consumption requirements. It would address gas balancing measures specific to these large-scale operations to ensure a consistent and reliable gas supply for their processes. 3. Commercial Gas Balancing Agreement: This type of agreement would target commercial businesses and establishments across Salt Lake City, such as hotels, restaurants, and retail outlets. It would detail the gas balancing obligations for these entities, accounting for varying consumption patterns and demand fluctuations. 4. Municipal Gas Balancing Agreement: This agreement would pertain to gas balancing arrangements for public utilities within Salt Lake City, such as schools, hospitals, government buildings, and public transportation systems. It would outline the gas distribution responsibilities and contingencies to ensure uninterrupted service to essential municipal facilities. In conclusion, the Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a crucial legal document regulating gas balancing activities in Salt Lake City, Utah. It ensures the efficient distribution and consumption of gas while avoiding imbalances or shortages. Different variations of this agreement may exist to cater to various sectors like residential, commercial, industrial, and municipal gas consumers.
