Portland Natural Gas Transmission System
Second Revised Volume No. 1
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Effective Date: 09/01/2006, Docket: RP06-449-000, Status: Effective
Original Sheet No. 563 Original Sheet No. 563 : Effective
ARTICLE VII - TRANSFER AND ASSIGNMENT OF CONTRACT
Any entity which shall succeed by purchase, merger or consolidation to the
properties, substantially as an entirety, of either Transporter or 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 Contract. Any party may,
without relieving itself of its obligations under this Contract, assign any of
its rights hereunder to an entity with which it is affiliated, but otherwise
no assignment of this 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 Shipper in the event of an assignment by
Transporter, or Transporter in the event of an assignment by Shipper, which
consents shall not be unreasonably withheld. It is agreed, however, that the
restrictions on assignment contained in this Article VII do not prevent either
party to this Contract from pledging or mortgaging its rights hereunder as
security for its indebtedness.
ARTICLE VIII - NONRECOURSE OBLIGATION OF PARTNERSHIP AND OPERATOR
Shipper acknowledges and agrees that: (a) Transporter is a Maine general
partnership; (b) Shipper shall have no recourse against any partner in
Transporter with respect to Transporter's obligations under this 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
Contract; (c) no claim shall be made against any partner under or in
connection with this Contract; (d) 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 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 Shipper shall provide
Operator with a waiver of subrogation of 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.
ARTICLE IX - LAW OF CONTRACT
Notwithstanding conflict-of-laws rules, the interpretation and performance of
this Contract shall be in accordance with and controlled by the laws of the
State of Maine.
ARTICLE X - CHANGE IN TARIFF PROVISIONS
Shipper agrees that Transporter shall have the unilateral right to file with
the FERC or any successor regulatory authority any changes in any of the
provisions of its Tariff, including of any of its Rate Schedules, or the
General Terms and Conditions, as Transporter may deem necessary, and to make
such changes effective at such times as Transporter desires and is possible
under applicable law.