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.
Tennessee Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is a critical document used in the energy industry to outline the terms and conditions for gas balancing between parties involved in a Tennessee gas pipeline system. This agreement is designed to ensure the efficient and equitable distribution of natural gas resources among operators, transporters, and customers. The primary purpose of Tennessee Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 is to establish a framework for balancing gas supply and demand within a specified area or territory. It sets forth the responsibilities, rights, and obligations of the parties involved, ensuring transparency and fair treatment for all stakeholders. Keywords: Tennessee, Exhibit E, Operating Agreement, Gas Balancing Agreement, Form 4, energy industry, gas pipeline system, gas balancing, natural gas resources, operators, transporters, customers, balancing gas supply, balancing gas demand, specified area, territory, responsibilities, rights, obligations, transparency, fair treatment, stakeholders. Different types of Tennessee Exhibit E to Operating Agreement Gas Balancing Agreement — Form 4 may include variations based on specific locations, operators, or timeframes. These agreements may be tailored to meet the needs of different gas pipeline systems or to address unique market conditions. Some variations may focus on specific gas balancing methodologies, rate structures, or dispute resolution mechanisms. It is important to carefully review the specific details outlined in any particular version of this agreement to ensure compliance with relevant regulations and to best align with the objectives of all parties involved. Keywords: variations, specific locations, operators, timeframes, gas pipeline systems, market conditions, gas balancing methodologies, rate structures, dispute resolution mechanisms, compliance, regulations, objectives, parties involved.
