Guardian Pipeline, L.L.C.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-926-000, Status: Effective
Second Revised Sheet No. 210 Second Revised Sheet No. 210
Superseding: First Revised Sheet No. 210
GENERAL TERMS AND CONDITIONS
(Continued)
29. MISCELLANEOUS
29.1 Assignment
Any company which shall succeed by purchase, merger, or
consolidation to the properties, substantially or as an
entirety, of Transporter or of Shipper, as the case may be,
shall be entitled to the rights and shall be subject to all
of the obligations of its predecessors in interest under a
Service Agreement. Subject to the provisions of the
applicable Rate Schedule, both Transporter and Shipper may,
without relieving itself of its obligations under the
Service Agreement, assign any of its rights thereunder to a
company with which it is affiliated, but otherwise no
assignment of such Service Agreement, or of any of the
rights or obligations thereunder, shall be made unless it
first shall have obtained the consent thereto of the other.
These restrictions on assignment shall not in any way
prevent any party from pledging or mortgaging its rights
under a Service Agreement as security of its indebtedness.
Notwithstanding the above, no assignment of a Service
Agreement or of a party's rights shall be effective until
such party has received all necessary regulatory approvals
and complied with applicable regulatory requirements,
including without limitation any requirement that the
Shipper hold title to the Natural Gas and all regulations
regarding capacity release.
29.2 Market Centers
Nothing in Transporter's Tariff shall operate to inhibit
the development of market centers at the interconnections
between Transporter's Pipeline Facilities and other
pipelines or local distribution company systems.
29.3 Descriptive Headings
The descriptive headings of the provisions of this Tariff
are formulated and used for convenience only and shall not
be deemed to affect the meaning or construction of any of
such provisions.