El Paso Natural Gas Company

First Revised Volume No. 1-A

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Effective Date: 05/01/1990, Docket: GT90- 26-000, Status: Effective

Original Sheet No. 224 Original Sheet No. 224 : Superseded

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

15. ASSIGNMENTS

 

15.1 Shipper shall make no sale or assignment of the executed

Transportation Service Agreement or any of the rights or

obligations thereunder unless there first shall have been

obtained the written consent thereto of El Paso; provided,

however, that Shipper may, without the necessity of obtaining

the consent of El Paso, assign any of its rights, but not its

obligations thereunder to a trustee or trustees, individual or

corporate, as security for bonds or other obligations or

securities without such trustee or trustees becoming obligated

to perform the obligations of the assignor thereunder and, if

any such trustee be a corporation, without its being required

to qualify to do business in any State in which performance of

the executed Transportation Service Agreement may occur.