Cimarron River Pipeline, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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.