Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/01/2001, Docket: RP01-388-000, Status: Effective

Original Sheet Number 464 Original Sheet Number 464 : Effective

 

 

NORTHERN BORDER PIPELINE COMPANY

PARK AND LOAN ("PAL")

AGREEMENT

 

 

Article 8 - Applicable Law and Submission to Jurisdiction

 

This Agreement and Company's Tariff, and the rights and obligations of

Company and Buyer thereunder are subject to all relevant and United

States lawful statutes, rules, regulations and orders of duly

constituted authorities having jurisdiction. Subject to the foregoing,

this Agreement shall be governed by and interpreted in accordance with

the laws of the State of Nebraska. For purposes of legal proceedings,

this Agreement shall be deemed to have been made in the State of

Nebraska and performed there, and the Courts of that State shall have

jurisdiction over all disputes which may arise under this Agreement,

provided always that nothing herein contained shall prevent Company from

proceeding at its election against Buyer in the Courts of any other

State, Province or Country.

 

At the Company's request, the Buyer shall irrevocably appoint an agent

in Nebraska to receive, for it and on its behalf, service of process in

connection with any judicial proceeding in Nebraska relating to the

Agreement. Such service shall be deemed completed on delivery to such

process agent (even if not forwarded to and received by the Buyer.) If

said agent ceases to act as a process agent within Nebraska on behalf of

Buyer, the Buyer shall appoint a substitute process agent within

Nebraska and deliver to the Company a copy of the new agent's acceptance

of that appointment within 30 days.

 

Article 9 - Successors

 

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

consolidation to the properties, substantially as an entirety, of Buyer

or of Company, as the case may be, and which shall assume all

obligations under Buyer's Agreement of Buyer or Company, as the case may

be, shall be entitled to the rights, and shall be subject to the

obligations, of its predecessor under Buyer's Agreement. Either party

to a Buyer's Agreement may pledge or charge the same under provisions of