Wyckoff Gas Storage Company, LLC
Original Volume No. 1
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Effective Date: 12/31/9999, Docket: RP09- 444-000, Status: Accepted
Original Sheet No. 32 Original Sheet No. 32
(c) Rights Following Termination. In the event the Service
Agreement(s) is (are) terminated, such termination shall be without
prejudice, subject to such rights of offset as may exist, to any rights
or obligations of the Parties accruing prior to such termination,
including, but not limited to, (i) Shipper’s right to receive Gas that
it has stored but has not received prior to the time of termination
(unless Shipper fails to remove such Gas from the Facility in the
manner prescribed under the Service Agreement), (ii) Shipper’s right to
refunds, if any, plus interest, of portions of the rate paid prior to
such termination or release, or (iii) Transporter’s right to collect
any amounts then due it for services provided to Shipper prior to the
time of such termination. Upon termination, Shipper shall cause all Gas
in its Gas Storage Inventory Account to be removed from the Facility in
the manner specified in the Service Agreement.
(d) Other Rights Preserved. The availability or exercise of the
right to terminate a Service Agreement pursuant to this section shall
not serve to diminish or effect the right of the Parties to seek
damages or specific performance, for breach of the Service Agreement,
as provided in such agreement.
(e) Waiver of Default. No waiver by either Party of any one or
more defaults by the other in the performance of any provisions of the
Service Agreement shall operate or be construed as a waiver of any
future default or defaults, whether of a like or different character.
SECTION 13. ASSIGNMENT
Any company that succeeds by purchase, merger, or consolidation
to the gas properties of Transporter or of Shipper substantially as an
entirety, and any affiliated successor in interest that acquires from
Transporter the properties of Transporter used in interstate commerce
in rendering service to Shipper, shall be entitled to the rights and
shall be subject to the obligations of its predecessor in title under
the Service Agreement. Shipper, Transporter, and their successors may
assign or pledge the Service Agreement under the provisions or any
mortgage, deed of trust, indenture or similar instrument that it has
executed or may execute hereafter; provided, however, that such
mortgage, deed of trust, indenture or similar instrument shall cover
the properties of such Party as an entirety unless such Party is an
affiliated successor in interest, otherwise no Party shall assign the
Service Agreement or any of its rights thereunder unless it first shall
have obtained in writing the consent thereto of the other Party;
provided, however, that Shipper may release and assign service rights
contracted for under such Service Agreement pursuant to the conditions,
and subject to the limitations, of Section 8 (Release of Service
Rights) of the General Terms and Conditions. Any direct or indirect
assignment of service rights by Shipper under this paragraph shall be
made in good faith and not for the purpose of avoiding the requirements
of Section 8.
SECTION 14. NOTICES
Any notice, demand, offer or other written instrument required or
permitted to be given pursuant to the Service Agreement, except for
those provisions in Transporter’s Tariff requiring otherwise, shall be
in writing signed by the Party giving such notice and shall be hand
delivered or sent by registered letter, overnight courier provided a
receipt signed by the addressee is obtained, or telexed to the other
Party. Unless otherwise specifically provided in the Agreement, any
written notice or other communication shall be sufficiently given or
shall be deemed given on the third business day following the date on
which the same is mailed by registered or certified mail, postage
prepaid, addressed,