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.