This operating agreement exhibit takes effect if any party takes and disposes of less than its percentage interest share of gas (including casinghead gas) produced and saved during any calendar month. The volume not taken by that party may be taken by any other party or parties.
Cuyahoga Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a specific document related to gas balancing agreements in Cuyahoga County, Ohio. It plays a crucial role in outlining the terms and conditions governing gas balancing activities within the specified area. This exhibit serves as an essential reference for gas companies, regulatory bodies, and other relevant stakeholders involved in the gas industry. Here are some keywords that are relevant to Cuyahoga Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: 1. Gas balancing: Gas balancing refers to the process of ensuring that the amount of gas injected into a system matches the amount withdrawn, maintaining equilibrium in the system. 2. Operating agreement: An operating agreement is a legally binding contract that governs the operations, rights, and responsibilities of multiple parties involved in a partnership or business venture. 3. Cuyahoga County: Cuyahoga County is a populous county in Ohio, encompassing the city of Cleveland and several other municipalities. It is a significant hub for the gas industry in the state. 4. Form 4: Form 4 typically refers to a standardized document or template used for consistency and ease of record-keeping purposes. In this context, Form 4 signifies the specific format or structure of the gas balancing agreement for Cuyahoga County. Different types of Cuyahoga Ohio Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 may include variations specific to different gas companies, gas fields, or gas infrastructure projects within Cuyahoga County. The exhibits may differ based on the terms and conditions negotiated among the parties involved, the scale of operations, specific legal considerations, and regulatory requirements. It is important to consult the exact document pertaining to the specific gas balancing agreement in question to gather comprehensive information about its content, provisions, and variations.
