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.
Oakland County is a vibrant county located in the state of Michigan. It is the second-most populous county in the state and home to a diverse community and a rich history. Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 refers to a specific legal document related to gas balancing agreements within the county. Gas balancing agreements are contracts made between companies involved in the production, transportation, and distribution of natural gas. In Oakland County, these agreements aim to ensure that the distribution of gas among different parties is fair and balanced. The Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a specific version of this agreement form that is tailored to meet the requirements and regulations of Oakland County. It contains detailed provisions and terms regarding the balancing of gas supply and demand. The purpose of the Exhibit E form is to document the specific terms and conditions agreed upon by the involved parties. It typically includes sections addressing gas allocation, measurement procedures, penalties for imbalances, and dispute resolution mechanisms. The form helps ensure transparency and accountability in gas-related operations and promotes efficient gas resource management within the county. Although there may not be different types of Exhibit E forms specifically related to gas balancing agreements in Oakland County, variations or revisions can occur to reflect updates in regulations or industry standards. In such cases, specific versions or amendments may be labeled differently, such as Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 (Revised) or Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 (2021). In summary, Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal document pertaining to gas balancing agreements within Oakland County, Michigan. It sets forth the terms and conditions for gas distribution and aims to ensure fair and efficient gas resource management. Different versions of the form may exist to account for revisions or updates in regulations.Oakland County is a vibrant county located in the state of Michigan. It is the second-most populous county in the state and home to a diverse community and a rich history. Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 refers to a specific legal document related to gas balancing agreements within the county. Gas balancing agreements are contracts made between companies involved in the production, transportation, and distribution of natural gas. In Oakland County, these agreements aim to ensure that the distribution of gas among different parties is fair and balanced. The Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a specific version of this agreement form that is tailored to meet the requirements and regulations of Oakland County. It contains detailed provisions and terms regarding the balancing of gas supply and demand. The purpose of the Exhibit E form is to document the specific terms and conditions agreed upon by the involved parties. It typically includes sections addressing gas allocation, measurement procedures, penalties for imbalances, and dispute resolution mechanisms. The form helps ensure transparency and accountability in gas-related operations and promotes efficient gas resource management within the county. Although there may not be different types of Exhibit E forms specifically related to gas balancing agreements in Oakland County, variations or revisions can occur to reflect updates in regulations or industry standards. In such cases, specific versions or amendments may be labeled differently, such as Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 (Revised) or Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 (2021). In summary, Oakland Michigan Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal document pertaining to gas balancing agreements within Oakland County, Michigan. It sets forth the terms and conditions for gas distribution and aims to ensure fair and efficient gas resource management. Different versions of the form may exist to account for revisions or updates in regulations.
