Crossroads Pipeline Company

First Revised Volume No. 1

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Effective Date: 11/01/2001, Docket: RP02- 14-000, Status: Effective

Original Sheet No. 553 Original Sheet No. 553 : Superseded

 

OPERATIONAL BALANCING AGREEMENT

(Continued)

 

ARTICLE VI

 

STANDARD OF PERFORMANCE

 

6.1 The Parties understand and agree that performance under this Agreement shall occur only on a

good faith basis. In the event of nonperformance or noncompliance by either Party with respect to one or more

of the conditions set forth herein, such Party shall not be liable in any manner to the other Party or to any

third parties for such nonperformance or noncompliance; except that, the Parties shall be legally obligated to

reconcile any outstanding actual Operational Imbalance under this Agreement and which may exist upon

termination of this Agreement consistent with the relevant terms and conditions set forth in this Agreement.

 

ARTICLE VII

 

GOVERNING LAW

 

7.1 The construction and interpretation of this Agreement shall be governed by the laws of the

State of West Virginia, excluding any conflict of law rule which would refer any matter to the laws of a

jurisdiction other than the State of West Virginia.

 

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be executed by its duly

authorized officers to be effective as of the day and year first above written.

 

 

CROSSROADS PIPELINE COMPANY

 

By: _________________________________

 

Name: ______________________________

 

Date: _____________ Title: ______________________________

 

 

 

 

By: _________________________________

 

Name: ______________________________

 

Date: _____________ Title: ______________________________