Dauphin Island Gathering Partners

Original Volume No. 1

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Effective Date: 12/23/1997, Docket: RP98- 17-000, Status: Effective

Substitute Original Sheet No. 349 Substitute Original Sheet No. 349 : Effective

Superseding: Original Sheet No. 349

FORM OF FT-3 (MP) RESERVE COMMITMENT AGREEMENT

 

 

THIS FT-3 (MP) RESERVE COMMITMENT AGREEMENT ("Agreement") is made

and entered into as of the _____ day of ___________, 199__, by and

between Dauphin Island Gathering Partners, a Texas general partnership,

hereinafter referred to as "Transporter" and __________________, a

________________, hereinafter referred to as "Shipper." Transporter

and Shipper shall collectively be referred to herein as the "Parties".

 

 

ARTICLE I

 

DEFINITIONS

 

1.1 DEDICATED LEASE(S) - shall mean Shipper's working interest

in those lease(s) dedicated for gathering on the Main Pass

Gas Gathering System under that Firm Gas Gathering

Agreement dated ___________, which lease(s) are set forth

on Exhibit "A" hereto. Dedicated Lease(s) shall also

include any additional lease(s) dedicated by Shipper to

said gathering agreement(s) after the date of this

Agreement; such additional lease(s) shall become Dedicated

Lease(s) hereunder without the necessity of amending

Exhibit "A" hereto.

 

1.2 Capitalized terms not defined herein shall have the meaning

ascribed thereto in Transporter's FERC Gas Tariff.

 

ARTICLE II

 

RESERVE DEDICATION

 

2.1 Subject to the provisions of Sections 2.3, 2.4 and 2.5 of

this Agreement, Shipper hereby agrees to deliver into and

transport through Transporter's MP Facility, for the

economic life of the Dedicated Lease(s), all MPS Excess

Quantity (as defined in Rate Schedule FT-3 (MP) of

Transporter's FERC Gas Tariff).

 

2.2 In the event Shipper should transfer or assign any or all

of its rights, title and/or interest in the Dedicated

Lease(s), Shipper agrees that any such transfer or

assignment will be made subject to the terms of this

Agreement, it being the intent of the parties hereto that

the Dedicated Lease(s) remain dedicated as MPS Excess

Quantity for purposes of transportation through

Transporter's MP Facility for the economic life of the

Dedicated Lease(s). All of the provisions of this

Agreement shall be applicable to assignees of Shipper's

interests in the Dedicated Lease(s) and such assignees

shall receive a proportionate assignment of the rights