Cimarron River Pipeline, LLC
Original Volume No. 1
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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective
Original Sheet No. 320 Original Sheet No. 320
GENERAL TERMS AND CONDITIONS
20. SUCCESSORS AND ASSIGNS
(a) Succession. Any company that succeeds by purchase, merger, or
consolidation to the properties, substantially as an entirety, of any party
shall be subject to the obligations of its predecessor under any TSA. No
other assignment of a TSA or of any of the rights or obligations thereunder
is allowed without the prior written consent of the non-assigning party,
which consent shall not unreasonably be withheld or delayed. Nothing
contained in this Tariff will prevent either party from mortgaging its
rights under a TSA as Security for its indebtedness, but the Security is
subordinate to the parties' rights and obligations under the TSA.
(b) Notice of Assignment. No transfer of or succession to the
interest of a Shipper, however made, will bind Transporter until the Shipper
or its successor has provided Transporter a copy of the original assignment
document or other satisfactory proof that the person has an interest as a
successor party under the TSA.