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