Freebird Gas Storage, L.L.C.
First Revised Volume No. 1
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Effective Date: 10/01/2008, Docket: RP08-304-000, Status: Effective
Original Sheet No. 212 Original Sheet No. 212 : Suspended
ARTICLE V - INTERPRETATION
THE INTERPRETATION AND PERFORMANCE OF THIS CAPACITY RELEASE UMBRELLA AGREEMENT
SHALL BE IN ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS, WITHOUT RECOURSE
TO THE LAW GOVERNING CONFLICT OF LAWS.
The Capacity Release Umbrella Agreement and the obligations of the Parties are
subject to all present and future valid laws with respect to the subject
matter, either State or Federal, and to all valid present and future orders,
rules, and regulations of duly constituted authorities having
jurisdiction.
ARTICLE VI - RELATIONSHIP BETWEEN REPLACEMENT SHIPPER AND RELEASING SHIPPER
The Parties recognize that, pursuant to Commission orders, Releasing Shipper
may require that the Replacement Shipper agree that a breach of this Capacity
Release Umbrella Agreement, including a failure to pay, or to pay timely, by
Replacement Shipper under this Capacity Release Umbrella Agreement,
constitutes a breach of contract as between Replacement Shipper and Releasing
Shipper. The existence of such an agreement will be indicated on the
appropriate Exhibit A Confirmation to this Capacity Release Umbrella
Agreement. If Replacement Shipper fails to timely pay Freebird or otherwise
breaches this Capacity Release Umbrella Agreement with Freebird: (a) both
Replacement Shipper and Releasing Shipper (except to the extent otherwise
provided in Section 4 of the General Terms and Conditions and except with
respect to penalties attributable to Replacement Shipper’s conduct) shall be
liable to Freebird for such failure to pay or breach (it being understood that
nothing in this Capacity Release Umbrella Agreement relieves Releasing Shipper
from responsibility to pay Freebird in accordance with its Service Agreements
with Freebird) and (b) if, as a result of such breach by Replacement Shipper,
Releasing Shipper is accordingly required to pay Freebird or otherwise
perform, Releasing Shipper may have a cause of action for breach against
Replacement Shipper.
IN WITNESS WHEREOF, the Parties hereto have caused this Capacity Release
Umbrella Agreement to be signed by their respective Presidents, Vice
Presidents or other duly authorized agents, effective as of the Effective
Date.
FREEBIRD GAS STORAGE, LLC
By: Enstor Operating Company, LLC, its Manager
By: ____________________________________________
Patrick DeVille
Vice President, Marketing
REPLACEMENT SHIPPER
By: ____________________________________________
Title: _________________________________________
Date: __________________________________________