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.
Los Angeles, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal agreement that pertains to gas balancing procedures and protocols within the Los Angeles area in the state of California. This agreement is typically part of an operating agreement between relevant parties involved in the gas industry. The purpose of Exhibit E is to outline the specific terms and conditions for gas balancing activities, which involve the management and distribution of natural gas supply, as well as the coordination of gas flows to maintain an equilibrium within the local gas network. This exhibit covers various aspects of gas balancing operations, such as the nomination process, allocation of gas volumes, scheduling of deliveries, measurement and verification procedures, as well as penalties and remedies for non-compliance with the agreed terms. In Los Angeles, there may be different variations or versions of Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4, which can be specific to different gas companies, operators, or regions within the city. These variations could reflect unique contractual arrangements, regulatory requirements, or industry standards applicable to different gas balancing agreements. It is essential for parties involved in the gas industry in Los Angeles to ensure compliance with the specific Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4 that they are bound by, as it serves as a legally binding document that governs the gas balancing operations in the area. Keywords: Los Angeles, California, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 4, gas industry, gas balancing procedures, gas flows, natural gas supply, coordination, nomination process, gas volumes, scheduling, measurement, verification, penalties, remedies, compliance, contractual arrangements, regulatory requirements, industry standards, gas companies, operators, gas balancing agreements.Los Angeles, California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal agreement that pertains to gas balancing procedures and protocols within the Los Angeles area in the state of California. This agreement is typically part of an operating agreement between relevant parties involved in the gas industry. The purpose of Exhibit E is to outline the specific terms and conditions for gas balancing activities, which involve the management and distribution of natural gas supply, as well as the coordination of gas flows to maintain an equilibrium within the local gas network. This exhibit covers various aspects of gas balancing operations, such as the nomination process, allocation of gas volumes, scheduling of deliveries, measurement and verification procedures, as well as penalties and remedies for non-compliance with the agreed terms. In Los Angeles, there may be different variations or versions of Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4, which can be specific to different gas companies, operators, or regions within the city. These variations could reflect unique contractual arrangements, regulatory requirements, or industry standards applicable to different gas balancing agreements. It is essential for parties involved in the gas industry in Los Angeles to ensure compliance with the specific Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4 that they are bound by, as it serves as a legally binding document that governs the gas balancing operations in the area. Keywords: Los Angeles, California, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 4, gas industry, gas balancing procedures, gas flows, natural gas supply, coordination, nomination process, gas volumes, scheduling, measurement, verification, penalties, remedies, compliance, contractual arrangements, regulatory requirements, industry standards, gas companies, operators, gas balancing agreements.
