Panhandle Eastern Pipe Line Company, LP

THIRD REVISED VOLUME NO. 1

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Effective Date: 06/30/2004, Docket: RP04-321-000, Status: Effective

Original Sheet No. 625 Original Sheet No. 625 : Effective

 

RATE SCHEDULE TBS (Continued)

TRANSPORTATION BALANCING SERVICE

FORM OF SERVICE AGREEMENT

 

 

 

ARTICLE 5

SUCCESSION AND ASSIGNMENTS

 

This Agreement shall be binding upon and inure to the benefit

of any successor(s) to either Panhandle or Shipper by merger,

consolidation or acquisition. Either Panhandle or Shipper may assign

or pledge this Agreement 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, neither Panhandle nor Shipper

shall assign this Agreement or its rights hereunder without first

having obtained the formal written consent of the other(s).

 

 

ARTICLE 6 - NOTICES

 

Except as otherwise specified, any other notice, request,

demand, statement or bill provided for in the General Terms and

Conditions and any other notice which either Panhandle or Shipper may

desire to give to the other(s), shall be in writing and shall be

considered as duly delivered when mailed by registered mail to the

Post Office address of the other(s), or at such other address as may

be designated by formal written notice. Routine communications and

bills (but excluding payments otherwise provided for in the General

Terms and Conditions) shall be considered as duly delivered when

mailed by registered or ordinary mail or an equivalent. The Post

Office addresses of both Panhandle and Shipper are as follows:

 

 

ARTICLE 7 - DESIGNATION

 

No later than 5 Business Days prior to the beginning of each

Month during the term hereof, Shipper shall designate to Panhandle,

in writing, the Transportation Agreements to which balancing services

hereunder shall apply for such Month.