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Original Sheet No. 224 Original Sheet No. 224 : Superseded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