Liberty Gas Storage, LLC

Original Volume No. 1

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Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective

Original Sheet No. 150 Original Sheet No. 150 : Effective

 

GENERAL TERMS AND CONDITIONS

25. JOINT OBLIGATIONS

When Customer under a Storage Service Agreement consists of two or more

persons, the obligations of such persons under such agreement shall be joint

and several and, except as otherwise provided, any action provided to be taken

by Customer shall be taken by such persons jointly.

26. NONDISCRIMINATORY WAIVER OF TARIFF PROVISIONS AND NONWAIVER OF FUTURE

DEFAULTS

Liberty may waive any of its rights hereunder or any obligations of Customer on

a basis which is not unduly discriminatory; provided that no waiver by either

Customer or Liberty of any one or more defaults by the other in the performance

of any provision of the Storage Service Agreement between Customer and Liberty

shall operate or be construed as a waiver of any future default or defaults,

whether of a like or of a different character.

27. MODIFICATION

No modification to the terms and provisions of any Storage Service Agreement or

exhibit thereto shall be or become effective except by the execution of a

superseding Storage Service Agreement or exhibit thereto.

28. SUCCESSORS IN INTEREST

Any company which shall succeed by purchase, merger, consolidation or otherwise

to the properties substantially as an entirety, of Liberty or of Customer,

shall be entitled to the rights and shall be subject to the obligations of its

predecessors in title under a Storage Service Agreement. In accordance with the

capacity release procedures set forth in Section 4 of the General Terms and

Conditions, Customer may, without relieving itself of its obligations under

such Storage Service Agreement, assign any of its rights and obligations

thereunder to another shipper, but otherwise no assignment of such Storage

Service Agreement, or of any of the rights or obligations thereunder shall be

made unless there first shall have been obtained the consent thereto of

Liberty, in the event of any assignment by Customer, or the consent thereto of

Customer, in the event of an assignment by Liberty. These restrictions on

assignment shall not in any way prevent any party from pledging or mortgaging

its rights under a Storage Service Agreement as security for its indebtedness.