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.
Santa Clara California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a specific document that plays a crucial role in the gas industry within Santa Clara, California. This exhibit serves as an additional provision to the operating agreement gas balancing agreement, specifying the terms and conditions related to gas balancing activities. Gas balancing agreements are vital for ensuring efficient and effective gas supply and distribution among parties involved in the Santa Clara gas market. The purpose of this exhibit is to outline the responsibilities, procedures, and obligations associated with gas balancing activities within the defined geographical area. The Santa Clara Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 may include various types depending on the specific gas balancing requirements and contractual arrangements in place. These types may include: 1. Base Gas Balancing Agreement: This type of agreement formulates the fundamental principles and guidelines for gas balancing activities in Santa Clara. It sets the foundation for future variations and provisions outlined in subsequent exhibit forms. 2. Seasonal Gas Balancing Agreement: In order to account for seasonal demand fluctuations, this type of Exhibit E may establish specific gas balancing provisions tailored for different seasons, such as winter or summer. It allows for adjustments in gas supply and distribution based on anticipated consumer needs during different times of the year. 3. Emergency Gas Balancing Agreement: This type of exhibit is designed to address unforeseen circumstances that may disrupt the normal gas supply and distribution operations. It outlines protocols and actions to be taken during emergencies to ensure the uninterrupted flow of gas and to mitigate any potential risks or disruptions. 4. Renewable Energy Gas Balancing Agreement: With the increasing focus on renewable energy sources, this type of Exhibit E integrates provisions for balancing gas supplies alongside the utilization of renewable energy technologies. It seeks to maintain an optimal balance between conventional gas sources and renewable energy inputs while minimizing environmental impacts. 5. Intercompany Gas Balancing Agreement: When multiple companies are involved in gas supply and distribution within Santa Clara, this type of exhibit establishes the necessary mechanisms and procedures for coordinating gas balancing efforts among the various entities. It ensures seamless cooperation and coordination to maintain a reliable gas supply and distribution system. The Santa Clara California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, with its various types, plays a crucial role in ensuring a well-regulated, efficient, and reliable gas market in Santa Clara, California. By outlining key obligations and procedures, these exhibits facilitate smooth gas balancing operations and contribute to the overall stability and sustainability of the region's gas industry.Santa Clara California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a specific document that plays a crucial role in the gas industry within Santa Clara, California. This exhibit serves as an additional provision to the operating agreement gas balancing agreement, specifying the terms and conditions related to gas balancing activities. Gas balancing agreements are vital for ensuring efficient and effective gas supply and distribution among parties involved in the Santa Clara gas market. The purpose of this exhibit is to outline the responsibilities, procedures, and obligations associated with gas balancing activities within the defined geographical area. The Santa Clara Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 may include various types depending on the specific gas balancing requirements and contractual arrangements in place. These types may include: 1. Base Gas Balancing Agreement: This type of agreement formulates the fundamental principles and guidelines for gas balancing activities in Santa Clara. It sets the foundation for future variations and provisions outlined in subsequent exhibit forms. 2. Seasonal Gas Balancing Agreement: In order to account for seasonal demand fluctuations, this type of Exhibit E may establish specific gas balancing provisions tailored for different seasons, such as winter or summer. It allows for adjustments in gas supply and distribution based on anticipated consumer needs during different times of the year. 3. Emergency Gas Balancing Agreement: This type of exhibit is designed to address unforeseen circumstances that may disrupt the normal gas supply and distribution operations. It outlines protocols and actions to be taken during emergencies to ensure the uninterrupted flow of gas and to mitigate any potential risks or disruptions. 4. Renewable Energy Gas Balancing Agreement: With the increasing focus on renewable energy sources, this type of Exhibit E integrates provisions for balancing gas supplies alongside the utilization of renewable energy technologies. It seeks to maintain an optimal balance between conventional gas sources and renewable energy inputs while minimizing environmental impacts. 5. Intercompany Gas Balancing Agreement: When multiple companies are involved in gas supply and distribution within Santa Clara, this type of exhibit establishes the necessary mechanisms and procedures for coordinating gas balancing efforts among the various entities. It ensures seamless cooperation and coordination to maintain a reliable gas supply and distribution system. The Santa Clara California Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, with its various types, plays a crucial role in ensuring a well-regulated, efficient, and reliable gas market in Santa Clara, California. By outlining key obligations and procedures, these exhibits facilitate smooth gas balancing operations and contribute to the overall stability and sustainability of the region's gas industry.
