Vector Pipeline L.P.
Original Volume No. 1
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Effective Date: 12/01/2003, Docket: RP03-489-001, Status: Effective
Substitute Second Revised Sheet No. 217 Substitute Second Revised Sheet No. 217 : Effective
Superseding: First Revised Sheet No. 217
6.7 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 6.7 shall alter, modify or otherwise affect the respective
rights of the parties to cancel or terminate this Agreement under
the terms and conditions hereof.
6.8 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
arbitrator at the time it notifies the other party of its
intention to arbitrate their dispute, and the responding party
shall name an arbitrator within fifteen (15) days of receiving the
above notification. Within twenty (20) days of the appointment of
the second arbitrator, the two arbitrators shall select a third
arbitrator to act as chairman of the tribunal. If either party
fails to appoint an arbitrator within the allotted time or the two
party-appointed, neutral arbitrators fail to appoint a third
arbitrator as provided above, the AAA shall appoint the
arbitrator(s). Any vacancies will be filled in accordance with
the above procedure. The parties expressly agree to the
consolidation of separate arbitral proceedings for the resolution
in a single proceeding of all disputes that arise from the same
factual situation, and the parties further expressly agree that
any issue of arbitrability or the existence, validity, and scope
of the agreement to arbitrate shall be decided by the arbitrators.