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;