Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 04/12/2006, Docket: RP06-272-000, Status: Effective

Second Revised Sheet No. 289 Second Revised Sheet No. 289 : Effective

Superseding: First Revised Sheet No. 289

FORM OF RESERVE COMMITMENT AGREEMENT

 

or to such other address as either Party shall designate by

formal written notice to the other.

 

ARTICLE VII

 

NONRECOURSE OBLIGATIONS

 

Shipper acknowledges and agrees that (a) Transporter is a

Delaware limited liability company; (b) Shipper shall have no

recourse against any member of Transporter with respect to

Transporter's obligations under this Agreement and its sole

recourse shall be against the assets of Transporter, irrespective

of any failure to comply with applicable law or any provision of

this Agreement; (c) no claim shall be made against any member of

Transporter under or in connection with this Agreement; (d)

Shipper shall have no right of subrogation to any claim of

Transporter for any Capital Contribution from any member of

Transporter; and (e) this representation is made expressly for

the benefit of the members in Transporter.

 

ARTICLE VIII

 

MISCELLANEOUS

 

8.1 THE INTERPRETATION AND PERFORMANCE OF THIS AGREEMENT

SHALL BE IN ACCORDANCE WITH AND CONTROLLED BY THE LAWS

OF THE STATE OF TEXAS, WITHOUT REGARD TO THE DOCTRINES

GOVERNING CHOICE OF LAW.

 

8.2 If any provision of this Agreement is declared null and

void, or voidable, by a court of competent

jurisdiction, then that provision will be considered

severable at either Party's option; and if the

severability option is exercised, the remaining

provisions of the Agreement shall remain in full force

and effect.

 

IN WITNESS WHEREOF, the Parties hereto have caused this

Agreement to be duly executed as of the date first hereinabove

written.

 

GARDEN BANKS GAS PIPELINE, LLC SHIPPER

 

 

BY:_____________________________

BY:_____________________________

 

TITLE:__________________________

TITLE:__________________________

 

DATE:___________________________

DATE:___________________________