Ozark Gas Transmission, L. L. C.

Original Volume No. 1

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Effective Date: 10/01/2001, Docket: RP00-408-001, Status: Effective

Original Sheet No. 60I Original Sheet No. 60I : Effective

 

RATE SCHEDULE PAL (continued)

 

10. LAWS AND REGULATIONS

 

This Rate Schedule PAL and the executed PAL Agreement

and the obligations of the parties hereunder are

subject to all present and future valid laws with

respect to the subject matter hereof, either State or

Federal, and to all valid present or future decisions,

orders, rules and regulations of all duly constituted

governmental authorities having jurisdiction.

 

11. ASSIGNMENTS

 

Any person which shall succeed by purchase, merger, or

consolidation to the properties substantially as an

entirety of either party hereto shall be entitled to

the rights and subject to the obligations of its

predecessor in interest under this Rate Schedule PAL,

subject to all of the terms and conditions of this Rate

Schedule PAL, as such Rate Schedule may be amended from

time to time. Shipper may not assign the executed PAL

Agreement, in whole or in part, or any of its rights

thereunder, unless it first shall have obtained the

written consent of the Transporter.

 

12. GOVERNMENTAL

APPROVALS

 

12.1 Transporter and Shipper shall diligently proceed

to file applications with the FERC and other

governmental authorities for all authorizations

necessary to carry out their obligations under

this Rate Schedule PAL and the executed PAL

Agreement.

 

12.2 Transporter's and Shipper's obligations under this Rate

Schedule PAL and the executed PAL Agreement are conditioned

upon each party obtaining from governmental authorities all

necessary authorizations in form and substance satisfactory

to the party applying therefor. Neither party shall be

required to accept any authorization which, in the sole

judgment of the party applying for same, contravenes or

nullifies any provision hereof or is otherwise unacceptable

to that party. Upon acceptance by Transporter and Shipper

of all regulatory authorizations required to perform the

transactions covered hereby, Transporter and Shipper shall

proceed with diligence to construct or cause to be

constructed all facilities needed to carry out the

provisions hereof.