Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 04/01/1997, Docket: RP97- 22-003, Status: Effective

Original Sheet Number 268G Original Sheet Number 268G : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

24. SEVERABILITY (Continued)

 

effect. If Subsection 6.4 hereof requires the payment of interest

at a rate which exceeds the rate which the Person to whom such

interest is required to be paid is permitted under applicable law

to receive, or which the Person required to pay such interest is

permitted under applicable law to pay, such rate shall be reduced

to the highest rate which is permitted under applicable law.

 

25. SURVIVAL OF OBLIGATION

 

Notwithstanding the termination of Shipper's Agreement, Shipper and

Company shall have the following obligations as such obligations

relate to activities undertaken prior to the date Shipper Agreement

terminates:

 

(a) Shipper shall remain liable thereafter to pay all invoices

rendered by Company to it under Section 6 hereof in the manner

contemplated, and subject to Shipper's rights in respect of

such payments provided in such Section;