Sea Robin Pipeline Company, LLC
Second Revised Volume No. 1
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Effective Date: 12/31/2004, Docket: RP05- 87-000, Status: Effective
Original Sheet No. 380 Original Sheet No. 380 : Effective
FORM OF RESERVE COMMITMENT AGREEMENT
THIS RESERVE COMMITMENT AGREEMENT (Agreement) is made and
entered into as of the ________ Day of ______________, _____, by and
between SEA ROBIN PIPELINE COMPANY LLC, a limited liability company
of the State of Delaware, hereinafter referred to as "Sea Robin" and
_________________________, a _______________________ corporation,
hereinafter referred to as "Shipper". Sea Robin and Shipper shall
collectively be referred to herein as the Parties.
ARTICLE I
DEFINITIONS
1.1 COMMITTED LEASE(S) - shall mean those Outer Continental Shelf
(OCS) or State Waters leases set forth on Exhibit "A" hereto.
The estimated proven recoverable reserves from the Committed
Lease(s) attributable to Shipper's and/or its affiliates'
interest or aggregated with other Shipper's interests in such
lease(s) which are committed to Sea Robin pursuant to this
Reserve Commitment Agreement shall meet the eligibility
requirements set forth in Rate Schedule FTS-2 of Sea Robin's
FERC Gas Tariff. Shipper shall provide to Sea Robin supporting
documentation for the reserves estimate, technical support
data, and production development plans, including facilities
design capacity, subject to a mutually agreeable
confidentiality agreement to confirm Shipper's estimated proven
recoverable reserves and to demonstrate Shipper's authority to
dedicate the Committed Lease(s) under the terms of this
Agreement.
1.2 AFFILIATE - For purposes of this Agreement, "affiliate" shall
mean, with respect to any relevant entity, any other entity
that directly or indirectly controls, is controlled by, or is
under common control with, such relevant entity in question.
As used herein, the term "control" (including its derivatives
and similar terms) means owning or holding, directly or
indirectly, the power (i) to vote 10% or more of the Voting
Stock of any such relevant entity, or (ii) to direct or cause
the direction of the management and policies of any such
relevant entity. "Voting Stock" shall mean capital stock
issued by a corporation, or equivalent interests in any other
entity, the holders of which are ordinarily, in the absence of
contingencies, entitled to vote for the election of directors
(or entity with management authority performing similar
functions) of such entity.