High Island Offshore System, L.L.C.
Third Revised Volume No. 1
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Effective Date: 11/27/2005, Docket: RP06- 53-000, Status: Effective
First Revised Sheet No. 208 First Revised Sheet No. 208 : Effective
Superseding: Original Sheet No. 208
FORM OF RESERVE COMMITMENT AGREEMENT
3.3 Nothing contained herein shall obligate HIOS to build or install new
facilities to provide transportation service for production from Committed
Lease(s). Shipper's sole and exclusive remedy, in the event of Transporter's
failure to take volumes in excess of the MDQ due to insufficient capacity
shall be to request a permanent or temporary release as specified in Sections
2.4 and 2.5 above. The preceding sentence shall not apply to HIOS' failure
to transport volumes within the MDQ.
This Agreement shall be subject to all applicable and lawful governmental
statutes, orders, rules and regulations.
This Agreement shall be effective _______________________, ____, and shall
remain in force and effect for the producible life of the Committed Lease(s) unless
terminated sooner pursuant to other applicable provisions of this Agreement.