Granite State Gas Transmission, Inc.

Fourth Revised Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-322-000, Status: Effective

Original Sheet No. 163 Original Sheet No. 163

 

GAS TRANSPORTATION CONTRACT

(For Use Under FT-NN Rate Schedule)

(Continued)

 

 

ARTICLE XIV

ASSIGNMENTS

 

14.1 Either Party may assign or pledge this Contract and all

rights and obligations hereunder under the provisions of any

mortgage, deed of trust, indenture, or other instrument which it

has executed or may execute hereafter as security for

indebtedness; otherwise, no Party shall assign this Contract or

any of its rights hereunder unless it shall first have obtained

the written consent of the other, which consent shall not be

unreasonably withheld.

 

14.2 Any person which shall succeed by purchase, merger, or

consolidation to the properties, substantially as an entirety, of

either Party hereto shall be entitled to the rights and shall be

subject to the obligations of its predecessor in interest under

this Contract.

 

 

ARTICLE XV

MISCELLANEOUS

 

15.1 This Contract shall be interpreted under the laws of the

State of New Hampshire.

 

15.2 If any provision of this Contract is declared null and void,

or voidable, by a court of competent jurisdiction, then that

provision will be considered severable at either party's option;

and if the severability option is exercised, the remaining

provisions of the Contract shall remain in full force and effect.

 

15.3 No modification of or supplement to the terms and provisions

hereof shall be or become effective, except by the execution of

supplementary written consent.