Nautilus Pipeline Company, LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 12/01/1997, Docket: CP96-790-003, Status: Effective
Original Sheet No. 285 Original Sheet No. 285 : Effective
FORM OF SERVICE AGREEMENT
FOR RATE SCHEDULE IT-1
ARTICLE X
ASSIGNMENTS
Any company which succeeds by purchase, merger, or
consolidation to the properties, substantially as an
entirety, of Shipper or of Transporter, as the case may be,
will be entitled to the rights and will be subject to the
obligations of its predecessor in title under this Service
Agreement. Either Shipper or Transporter may assign or
pledge this Service Agreement under the provisions of any
mortgage, deed of trust, indenture, bank credit agreement,
assignment, receivable sale, or similar instrument which it
has executed or may execute hereafter. Except as set forth
above, neither Shipper nor Transporter shall assign this
Service Agreement or any of its rights hereunder without the
prior written consent of the other party; provided, however,
that neither Shipper nor Transporter shall be released from
its obligations hereunder without the consent of the other.
ARTICLE XI
NONRECOURSE OBLIGATION OF
LIMITED LIABILITY COMPANY,
MEMBERS AND OPERATOR
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 Service 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 Service Agreement; (c) no claim shall
be made against any member of Transporter under or in
connection with this Service Agreement; (d) no claims shall
be made against the Operator, its officers, employees, and