Dauphin Island Gathering Partners
Original Volume No. 1
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Effective Date: 01/10/1999, Docket: RP99-181-000, Status: Effective
First Revised Sheet No. 360 First Revised Sheet No. 360 : Effective
Superseding: Substitute Original Sheet No. 360
FORM OF FT-2 (DI) RESERVE COMMITMENT AGREEMENT
THIS FT-2 (DI) 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) set forth on 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 DI Facility all natural gas
produced by or for the account of Shipper from, and
attributable to Shipper's working interest in, or
controlled by Shipper and produced from, the Dedicated
Lease(s) for the economic life of the Dedicated Lease(s).
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 for purposes of
transportation through Transporter's DI 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 and obligations hereunder with respect to the
Dedicated Lease(s) so assigned, to the extent that such
assignee satisfies the requirements of Section 6.3 of Rate
Schedule FT-2 (DI). Upon such assignment, Shipper shall be
relieved of its obligations accruing on or after the
effective date of the assignment to the extent, and only to
the extent, such obligations are so assigned to the
assignee.
2.3 From the obligations in Section 2.1, Shipper expressly
reserves unto itself, its successors and assigns, the
following rights and quantities of production sufficient to
satisfy such rights: