Vector Pipeline L.P.
Original Volume No. 1
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Effective Date: 06/01/2005, Docket: RP05-295-000, Status: Effective
Third Revised Sheet No. 211 Third Revised Sheet No. 211 : Effective
Superseding: Substitute Second Revised Sheet No. 211
7.2 Performance of this Agreement shall be subject to all valid laws,
orders, decisions, rules and regulations of duly constituted
governmental authorities having jurisdiction or control of any
matter related hereto. Should either of the parties, by force of
any such law, order, decision, rule or regulation, at any time
during the term of this Agreement be ordered or required to do any
act inconsistent with the provisions hereof, then for the period
during which the requirements of such law, order, decision, rule
or regulation are applicable, this Agreement shall be deemed
modified to conform with the requirement of such law, order,
decision, rule or regulation; provided, however, nothing in this
section 7.2 shall alter, modify or otherwise affect the respective
rights of the parties to cancel or terminate this Agreement under
the terms and conditions hereof.
7.3 A waiver by either party of any one or more defaults by the other
hereunder shall not operate as a waiver of any future default or
defaults, whether of a like or of a different character.
7.4 This Agreement may only be amended by an instrument in writing
executed by both parties hereto.
7.5 Nothing in this Agreement shall be deemed to create any rights or
obligations between the parties hereto after the expiration of the
term set forth herein, except that termination of this Agreement
shall not relieve either party of the obligation to correct any
quantity imbalances or Shipper of the obligation to pay any
amounts due hereunder to Transporter.
7.7 The parties hereby agree, subject to the primary jurisdiction of
the Commission, that any dispute arising out of or relating to
this Agreement, or any breach thereof shall be submitted to final
and binding arbitration in Detroit, Michigan, in accordance with
the Rules of Commercial Arbitration of the American Arbitration
Association (AAA) then in effect. The dispute shall be decided by
a panel of three neutral arbitrators, qualified by education,
training, and experience to hear the dispute, chosen as follows.
The party initiating the arbitration proceeding shall name one