Mississippi Canyon Gas Pipeline, LLC
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/05/2007, Docket: RP07-130-001, Status: Effective
First Revised Sheet No. 299 First Revised Sheet No. 299 : Effective
Superseding: Original Sheet No.299
FORM OF RESERVE COMMITMENT AGREEMENT
THIS RESERVE COMMITMENT AGREEMENT (Agreement) is made and
entered into as of the _____ day of ___________, ______, by
and between MISSISSIPPI CANYON GAS PIPELINE, LLC, a Delaware
Limited Liability Company, hereinafter referred to as
"Transporter" and __________________, a ________________
Corporation, hereinafter referred to as "Shipper."
Transporter and Shipper shall collectively be referred to
herein as the "Parties".
ARTICLE I
DEFINITIONS
1.1 COMMITTED FIELD(S) - shall mean those Field(s) and
associated blocks/leases set forth on Exhibit "A"
hereto.
1.2 Capitalized terms not defined herein shall have the
meaning ascribed thereto in Transporter's FERC Gas
Tariff.
ARTICLE II
RESERVE DEDICATION
2.1 Subject to the provisions of Sections 2.3, 2.4 and 2.5
of this Agreement, Shipper hereby agrees to deliver
into and transport through Transporter's Facility all
natural gas produced by or for the account of Shipper
from the Committed Field(s) for the economic life of
the Committed Field(s).
2.2 In the event Shipper should transfer or assign any or
all of its rights, title and/or interest in the
Committed Field(s), Shipper agrees that any such
transfer or assignment will be made subject to the
terms of this Agreement, it being the intent of the
parties hereto that the Committed Field(s) remain
dedicated for purposes of transportation to
Transporter's Facility for the economic life of the
Committed Field(s). All of the provisions of this
Agreement shall be applicable to assignees of