Oktex Pipeline Company

Original Volume No. 1

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Effective Date: 01/01/2008, Docket: RP08- 85-000, Status: Effective

2nd Revised Sheet No. 49 2nd Revised Sheet No. 49 : Effective

Superseding: 1st Revised Sheet No. 49

ARTICLE IV - RATE SCHEDULES AND GENERAL TERMS AND CONDITIONS

 

This Contract and all terms and provisions contained or incorporated

herein are subject to the provisions of Rate Schedule FTS and the General

Terms and Conditions of Transporter's FERC Gas Tariff as such may be revised

or superseded from time to time, which Rate Schedule FTS and General Terms and

Conditions are by this reference made a part hereof.

 

ARTICLE V - TERM

 

1. The Commencement Date shall be the latter of [date] or such

date on which the natural gas facilities required to enable Transporter to

render transportation service to Shipper hereunder are constructed, installed

and made operational, as shall be set forth in Transporters written notice to

Shipper.

 

2. This Contract shall be effective as of the date first

hereinabove written; provided however, that Transporter shall be under no

obligation to receive or to deliver any quantities of natural gas hereunder

and Shipper shall be under no obligation for any payments hereunder prior to

the Commencement Date.

 

3. This Contract shall continue in force and effect until [date

which is at least one month from the Commencement Date], pursuant to any

effective provisions for termination of this Contract by Transporter as stated

in Rate Schedule FTS or the General Terms and Conditions for Transportation

Service; provided however, that if the FERC authorizes Transporter to abandon

service to Shipper on an earlier date, this Contract shall terminate as of

such earlier date.

 

ARTICLE VI - NOTICES

 

Notices to Transporter shall be addressed to:

 

Manager Contract Administration

OkTex Pipeline Company

100 W. 5TH Street, MD 12-4

Tulsa, OK 74103

 

Notices to Shipper hereunder shall be addressed to:

 

[Name of Shipper]

[address]

 

Either party may change its address under this Article by written

notice to the other party.

 

ARTICLE VII - TRANSFER AND ASSIGNMENT OF CONTRACT

 

Any entity which shall succeed by purchase, merger or consolidation to

the properties, substantially or as an entirety, of either Transporter or

Shipper, as the case may be, shall be entitled to the rights and shall be

subject to the obligations of its predecessor in title under this Contract.

Otherwise no assignment of this Contract or any of the rights or obligations

hereunder, or any portion of Shipper's effective Maximum Daily Contract Demand

shall be made. It is agreed, however, that the restrictions on assignment

contained in this Article VII shall not in any way prevent either party to

this Contract from pledging or mortgaging its rights hereunder as security for

its indebtedness.