White River Hub, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective
Original Sheet No. 140 Original Sheet No. 140
GENERAL TERMS AND CONDITIONS
(Continued)
21. ASSIGNMENT
White River may pledge or charge its interest under a transportation
service agreement under the provisions of any mortgage, deed of trust,
indenture, security agreement, loan agreement, or similar instrument which it
executes. Shipper shall not assign any of its rights under a transportation
service agreement incorporating these General Terms and Conditions unless it
first shall have obtained the consent of White River in writing and the
assignment does not conflict with FERC regulations and policies. Shipper may
not pledge or charge its interest under a transportation service agreement
under the provisions of any mortgage, deed of trust, indenture, security
agreement, loan agreement or similar instrument which it executes without the
consent in writing of White River. No person which succeeds by purchase,
merger or consolidation to the properties of Shipper shall be entitled to any
part of the interest of Shipper under its transportation service agreement
without the written consent of White River.
22. NON-WAIVER OF FUTURE DEFAULTS
No waiver by either party of any one or more defaults by the other in
the performance of any provision of a service agreement between Shipper and
White River shall operate or be construed as a waiver of any future default.