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.
San Diego California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to gas balancing agreements within the San Diego, California region. This exhibit is an essential component of the operating agreement, detailing the terms, conditions, rights, and responsibilities of parties involved in gas balancing arrangements. Gas balancing agreements are crucial for the smooth functioning of gas delivery systems in San Diego, California. These agreements ensure the efficient distribution and management of natural gas supplies among various parties, such as gas producers, suppliers, distributors, and end-users. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 covers a wide array of vital details. Some keywords related to this document include: 1. Gas Balancing: Gas balancing refers to the process of equalizing gas supplies within a network to maintain stability and meet demand. This exhibit outlines the methods, mechanisms, and procedures for gas balancing in the San Diego, California region. 2. Operating Agreement: The operating agreement sets out the guidelines and obligations between the parties involved in the gas delivery system. Exhibit E specifically focuses on gas balancing and addresses the specific terms related to this function. 3. Exhibit E: This section denotes the particular exhibit within the operating agreement that pertains to gas balancing. It provides detailed clauses, provisions, and appendixes that pertain to gas balancing arrangements. 4. San Diego, California: This exhibit applies specifically to the region of San Diego, California. It considers the unique characteristics, infrastructure, and regulatory environment of the area when formulating gas balancing procedures and requirements. 5. Terms and Conditions: The exhibit outlines the terms and conditions that govern the gas balancing agreement. This includes factors such as supply obligations, control mechanisms, metering and measurement, imbalances, rectification procedures, and dispute resolution. 6. Rights and Responsibilities: The document elucidates the rights and responsibilities of each party involved in the gas balancing agreement. It determines who holds the responsibility for managing imbalances, maintaining accurate metering, reporting discrepancies, and resolving disputes. It's important to note that the specific types of Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may vary depending on the context and the involved parties. Customized versions catering to different gas suppliers, distributors, and regulations may exist. However, the core purpose remains the same — to facilitate efficient and fair gas balancing practices in San Diego, California.San Diego California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 is a legal document that pertains to gas balancing agreements within the San Diego, California region. This exhibit is an essential component of the operating agreement, detailing the terms, conditions, rights, and responsibilities of parties involved in gas balancing arrangements. Gas balancing agreements are crucial for the smooth functioning of gas delivery systems in San Diego, California. These agreements ensure the efficient distribution and management of natural gas supplies among various parties, such as gas producers, suppliers, distributors, and end-users. The Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 covers a wide array of vital details. Some keywords related to this document include: 1. Gas Balancing: Gas balancing refers to the process of equalizing gas supplies within a network to maintain stability and meet demand. This exhibit outlines the methods, mechanisms, and procedures for gas balancing in the San Diego, California region. 2. Operating Agreement: The operating agreement sets out the guidelines and obligations between the parties involved in the gas delivery system. Exhibit E specifically focuses on gas balancing and addresses the specific terms related to this function. 3. Exhibit E: This section denotes the particular exhibit within the operating agreement that pertains to gas balancing. It provides detailed clauses, provisions, and appendixes that pertain to gas balancing arrangements. 4. San Diego, California: This exhibit applies specifically to the region of San Diego, California. It considers the unique characteristics, infrastructure, and regulatory environment of the area when formulating gas balancing procedures and requirements. 5. Terms and Conditions: The exhibit outlines the terms and conditions that govern the gas balancing agreement. This includes factors such as supply obligations, control mechanisms, metering and measurement, imbalances, rectification procedures, and dispute resolution. 6. Rights and Responsibilities: The document elucidates the rights and responsibilities of each party involved in the gas balancing agreement. It determines who holds the responsibility for managing imbalances, maintaining accurate metering, reporting discrepancies, and resolving disputes. It's important to note that the specific types of Exhibit E to Operating Agreement Gas Balancing Agreement — Form 2 may vary depending on the context and the involved parties. Customized versions catering to different gas suppliers, distributors, and regulations may exist. However, the core purpose remains the same — to facilitate efficient and fair gas balancing practices in San Diego, California.
