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.
Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, refers to a specific document that outlines the terms and conditions related to gas balancing agreements within the Maricopa region of Arizona. This agreement is an essential component of the operating agreement for gas companies operating in the area. The Maricopa area is known for its significant gas reserves and the presence of various gas companies. To ensure smooth operations, gas companies in Maricopa enter into gas balancing agreements that outline how the gas supply and demand will be managed, particularly during periods of imbalance. Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4 contains comprehensive details regarding gas balancing arrangements, including the responsibilities and obligations of the participating parties. It typically includes provisions related to gas delivery, allocation, penalties, dispute resolution mechanisms, and reporting requirements. There may be different versions or variations of Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, depending on the specific gas company involved or any additional regional regulations. However, the core content remains consistent, focusing on ensuring efficient gas balancing operations and maintaining a stable gas supply to meet consumer demands. These agreements play a crucial role in preventing discrepancies in gas supply and avoiding any disruptions or shortages. By establishing clear guidelines for the gas companies operating in Maricopa, these agreements facilitate proper coordination and collaboration among stakeholders, optimizing gas production and distribution activities in the region. In conclusion, Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 outlines the specific terms and conditions related to gas balancing agreements in the Maricopa region. It provides a framework for gas companies to ensure efficient gas supply and demand management, promoting the smooth functioning of the gas industry in Maricopa, Arizona.Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, refers to a specific document that outlines the terms and conditions related to gas balancing agreements within the Maricopa region of Arizona. This agreement is an essential component of the operating agreement for gas companies operating in the area. The Maricopa area is known for its significant gas reserves and the presence of various gas companies. To ensure smooth operations, gas companies in Maricopa enter into gas balancing agreements that outline how the gas supply and demand will be managed, particularly during periods of imbalance. Exhibit E to the Operating Agreement Gas Balancing Agreement — Form 4 contains comprehensive details regarding gas balancing arrangements, including the responsibilities and obligations of the participating parties. It typically includes provisions related to gas delivery, allocation, penalties, dispute resolution mechanisms, and reporting requirements. There may be different versions or variations of Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, depending on the specific gas company involved or any additional regional regulations. However, the core content remains consistent, focusing on ensuring efficient gas balancing operations and maintaining a stable gas supply to meet consumer demands. These agreements play a crucial role in preventing discrepancies in gas supply and avoiding any disruptions or shortages. By establishing clear guidelines for the gas companies operating in Maricopa, these agreements facilitate proper coordination and collaboration among stakeholders, optimizing gas production and distribution activities in the region. In conclusion, Maricopa, Arizona, Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 outlines the specific terms and conditions related to gas balancing agreements in the Maricopa region. It provides a framework for gas companies to ensure efficient gas supply and demand management, promoting the smooth functioning of the gas industry in Maricopa, Arizona.
