BALANCING AREA. 1.1. If this Agreement covers more than one Balancing Area, it shall be applied as if each Balancing Area were covered by separate but identical agreements. All Balancing hereunder shall be on the basis of Gas taken from the Balancing Area measured in MMBtus.
Appears in 2 contracts
Samples: Exploration Participation Agreement (Ridgewood Energy P Fund LLC), Exploration Participation Agreement (Ridgewood Energy U Fund LLC)
BALANCING AREA. 1.1. If this Agreement covers more than one Balancing Area, it shall be applied as if each Balancing Area were covered by separate but identical agreements. All Balancing balancing hereunder shall be on the basis of Gas taken from the Balancing Area measured in MMBtus.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy Q Fund LLC)
BALANCING AREA. 1.12.1. If this Agreement covers more than one Balancing Area, it shall be applied as if each Balancing Area were covered by separate but identical agreements. All Balancing balancing hereunder shall be on the basis of Gas taken from the Balancing Area measured in (Alternative 1) |X| Mcfs or (Alternative 2) |_| MMBtus.
Appears in 1 contract
BALANCING AREA. 1.1. 2.1 If this Agreement covers more than one Balancing Area, it shall be applied as if each Balancing Area were covered by separate but identical agreements. All Balancing balancing hereunder shall be on the basis of Gas taken from the Balancing Area measured in MMBtus.
Appears in 1 contract
BALANCING AREA. 1.12.1. If this Agreement covers more than one Balancing Area, it shall be applied as if each Balancing Area were covered by separate but identical agreements. All Balancing balancing hereunder shall be on the basis of Gas taken from the Balancing Area measured in MMBtus.
Appears in 1 contract
Samples: Offshore Operating Agreement (Ridgewood Energy P Fund LLC)
