Portland Natural Gas Transmission System
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/01/2009, Docket: RP09-338-000, Status: Effective
First Revised Sheet No. 533 First Revised Sheet No. 533
Superseding: Original Sheet No. 533
Notices to Replacement Shipper hereunder shall be addressed to:
[Name of Replacement Shipper]
[address]
[FAX NUMBER]
Either party may change its address under this Article by written notice to
the other party.
ARTICLE VII - TRANSFER AND ASSIGNMENT OF MASTER CONTRACT
Any entity which shall succeed by purchase, merger or consolidation to
the properties, substantially as an entirety, of either Transporter or
Replacement Shipper, as the case may be, shall be entitled to the rights and
shall be subject to the obligations of its predecessor in title under this
Master Contract. Any party may, without relieving itself of its obligations
under this Master Contract, assign any of its rights hereunder to an entity
with which it is affiliated, but otherwise no assignment of this Master
Contract or of any of the rights or obligations hereunder shall be made unless
there first shall have been obtained the written consent thereto of
Replacement Shipper in the event of an assignment by Transporter or
Transporter in the event of an assignment by Replacement Shipper, which
consents shall not be unreasonably withheld. It is agreed, however, that the
restrictions on assignment contained in this Article VII shall not in any way
prevent either party to this Master Contract from pledging or mortgaging its
rights hereunder as security for its indebtedness.
ARTICLE VIII - NONRECOURSE OBLIGATION OF PARTNERSHIP AND OPERATOR
Replacement Shipper acknowledges and agrees that: (a) Transporter is a
Maine general partnership; (b) Replacement Shipper shall have no recourse
against any partner in Transporter with respect to Transporter's obligations
under this Master Contract and that its sole recourse shall be against the
partnership assets, irrespective of any failure to comply with applicable law
or any provision of this Master Contract; (c) no claim shall be made against
any partner under or in connection with this Master Contract; (d) Replacement
Shipper shall have no right of subrogation to any claim of Transporter for any
capital contributions from any partner to Transporter; (e) no claims shall be
made against the Operator, its officers, employees, and agents, under or in
connection with this Master Contract and the performance of Operator's duties
as Operator (provided that this shall not bar claims resulting from the gross
negligence or willful misconduct of Operator, its officers, employees or
agents) and Replacement Shipper shall provide Operator with a waiver of
subrogation of Replacement Shipper's insurance company for all such claims;
and (f) this representation is made expressly for the benefit of the partners
in Transporter and Operator.