Viking Gas Transmission Company

Original Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 52-001, Status: Effective

Original Sheet No. 138 Original Sheet No. 138 : Superseded

 

 

 

FORM OF RELEASED TRANSPORTATION SERVICE AGREEMENT (Continued)

 

ARTICLE V - SUCCESSORS AND ASSIGNS

 

This Agreement shall be binding upon and inure to the benefit of the parties hereto and

their respective successors and assigns. No assignment or transfer by either party of any of its

rights hereunder, except for transfers pursuant to the release program set forth in Transporter's

Tariff, shall be made without the prior written consent of the other party. Such consent shall

not be unreasonably withheld. No such consent of Transporter or Replacement Shipper shall be

required when an assignment by Replacement Shipper or Transporter is the result of, and part of, a

corporate acquisition, merger or reorganization. Nothing contained herein shall prevent either

party from pledging, mortgaging or assigning its rights hereunder as security for its indebtedness

and either party may assign to the pledgee or mortgagee (or to a trustee for the holder of such

indebtedness) any money due or to become due under this Agreement. As between the parties hereto,

such assignment shall become effective on the first day of the month following written notice that

such assignment has been effectuated. Upon request of either party, the other party shall

acknowledge in writing any permitted assignment described herein and the right of any permitted

assignee (and any assignee upon enforcement of any assignment made as security for indebtedness)

to enforce this Agreement against such other party, and shall also deliver such certificates,

copies of corporate documents and opinions of counsel as may be reasonably requested by such

permitted assignee relating to such party, this Agreement and any other matters relevant thereto.

No permitted assignment shall relieve the assigning party from any of its obligations under this

Agreement. Replacement Shipper hereby confirms that the rights of Transporter under this

Agreement that maybe assigned include any right given or reserved to Transporter in the Agreement

to consent to any assignment or transfer by Replacement Shipper of its rights and obligations

thereunder.

 

ARTICLE VI - GOVERNMENTAL BODIES

 

Notwithstanding any other provision hereof, this Agreement shall be subject to all laws,

statutes, ordinances, regulations, rules and court decisions of governmental entities now or

hereafter having jurisdiction.

 

ARTICLE VII - REPLACEMENT SHIPPER'S INDEMNIFICATION

 

Replacement Shipper recognizes that its rights to transportation service hereunder are

solely those rights released by Releasing Shippers. The Replacement Shipper agrees that it will

indemnify Transporter against any claim or suit of any kind by any Releasing Shipper, its

successor or assigns arising from any action taken by Transporter in reliance upon the

nominations, scheduling instructions or other communications from Replacement Shipper or its