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:___________________________