Kern River Gas Transmission Company

Second Revised Volume No. 1

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Effective Date: 11/01/2003, Docket: RP04- 4-000, Status: Effective

Second Revised Sheet No. 650 Second Revised Sheet No. 650 : Effective

Superseding: First Revised Sheet No. 650

 

RATE SCHEDULE UP-1

Kern River Firm Transportation Services

(Continued)

 

ARTICLE XVII - MISCELLANEOUS (Continued)

 

17.1 Successors and Assigns. (Continued)

 

or Moody's Investors Service Inc. ("Moody's), or if such entity is not

rated by such agencies, that has an imputed credit rating as determined

by a mutually agreeable independent financial consultant based on the

application of the standards and methods used by S&P or Moody's to rate

corporate debt, that is at least as high as "A" (by S&P) and "A2" (by

Moody's) and (B) is not on Credit Watch with negative implications, in

the case of S&P, or under review for possible downgrade, in the case of

Moody's and (ii) has unconditionally assumed the obligations of the

Shipper hereunder pursuant to such instruments as may be reasonably

requested by Transporter.

 

17.2 Notices. All notices provided for herein and in the Transportation

Service Agreement shall be given in writing and addressed as follows:

 

If to Transporter:

 

Kern River Gas Transmission Company

2755 E. Cottonwood Parkway, Suite 300

P.O. Box 71400

Salt Lake City, UT 84171-0400

Fax No. (801) 937-6444

Attention: Marketing and Customer Services

 

If to Shipper:

 

17.3 Amendment in Writing. The Transportation Service Agreement shall be

amended only by an instrument in writing executed by both parties

hereto.

 

17.4 Waiver of Defaults. No waiver by any party of any one or more defaults

by the other in the performance of any provisions of this Rate Schedule

or the Transportation Service Agreement shall operate or be construed as

a waiver of any future default or defaults, whether of a like or of a

different character.