Texas Eastern Transmission, L P
Seventh Revised Volume No. 1
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Effective Date: 05/01/2008, Docket: RP08-267-000, Status: Effective
Second Revised Sheet No. 641 Second Revised Sheet No. 641 : Effective
Superseding: First Revised Sheet No. 641
GENERAL TERMS AND CONDITIONS
(Continued)
25. ASSIGNMENTS
Any Company which shall succeed by purchase, merger, or consolidation to the properties,
substantially as an entirety, of Customer, or of Pipeline, as the case may be, shall be
entitled to the rights and shall be subject to the obligations of its predecessor in title
under a Service Agreement; and either Customer or Pipeline may assign or pledge such Service
Agreement under the provisions of any mortgage, deed of trust, indenture, bank credit
agreement, assignment, receivable sale, or similar instrument which it has executed or may
execute hereafter; otherwise, neither Customer nor Pipeline shall assign the Service
Agreement or any of its rights hereunder unless it first shall have obtained the consent
thereto in writing of the other; provided further, however, that neither Customer nor
Pipeline shall be released from its obligations hereunder without the consent of the other.
In addition, Customers under any firm, Open-access, Part 284 Service Agreement may assign its
rights to capacity pursuant to Section 3.14 of the General Terms and Conditions. To the
extent Customer so desires, when it releases capacity pursuant to Section 3.14 of the General
Terms and Conditions, Customer may require privity between Customer and the Replacement
Customer, as further provided in the applicable Capacity Release Umbrella Agreement.