Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 01/01/2009, Docket: RP09-100-000, Status: Effective
Original Sheet No. 310 Original Sheet No. 310
GENERAL TERMS AND CONDITIONS
(continued)
35. ASSIGNMENTS
Any Company which succeeds by purchase, merger, or consolidation to the
properties, substantially as an entirety, of Customer or of Pipeline
will be entitled to the rights and will be subject to the obligations of
its predecessor in title under a Service Agreement. 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. Except as set forth above,
neither Customer nor Pipeline shall assign such Service Agreement or any
of its rights thereunder without the prior written consent of the other
party; provided, however, that neither Customer nor Pipeline shall be
released from its obligations thereunder without the consent of the
other. In addition, Customer may assign its rights to capacity pursuant
to Section 9 of the GT&C.