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.
Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a legal document that outlines the gas balancing agreement provisions specific to the state of Montana. The purpose of this agreement is to ensure fair and equitable distribution of gas resources among the participating parties. It serves as a supplemental document to the operating agreement and governs the gas balancing responsibilities, rights, and obligations of the parties involved. Keywords: Montana, Exhibit E, operating agreement, gas balancing agreement, Form 4, legal document, gas resources, fair distribution, participating parties, supplemental document, gas balancing responsibilities, rights, obligations. Different types of Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 may include: 1. Standard Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: This is the typical agreement used in Montana for gas balancing purposes. It follows the standard format and provisions. 2. Revised Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: This variant may include modifications or updates to the original agreement. It may incorporate changes in relevant laws or address specific circumstances related to gas balancing in Montana. 3. Multi-Party Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: This type of agreement applies when multiple parties are involved in gas balancing activities in Montana. It establishes the responsibilities and rights of each party, ensuring proper coordination and fair distribution of gas resources. 4. Simplified Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: This variant is designed for smaller gas operations or situations where a streamlined gas balancing agreement is necessary. It may have simplified provisions and fewer complexities compared to the standard agreement. 5. Customized Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4: In certain cases, parties may tailor the agreement to their specific requirements or circumstances. This type of agreement involves modifications that are agreed upon by all parties involved, ensuring a more personalized approach to gas balancing in Montana. It is important to consult legal professionals or experts for accurate and up-to-date information regarding Montana Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4, as regulations and requirements may vary over time.
