Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 11/01/2008, Docket: RP08-436-000, Status: Effective

Third Revised Sheet No. 321 Third Revised Sheet No. 321

Superseding: Second Revised Sheet No. 321

 

ARTICLE 2

TERM

 

2.1 This Agreement shall be effective ___________ __, ____, and shall remain

in force and effect [select one of the following -- for the economic

life of the Dedicated Reserves, or through ___________, ____, and from

Year-to-Year thereafter, unless terminated by either Party upon thirty

(30) Days' prior written notice to the other Party].

 

2.2 Notwithstanding the provisions of Section 2.1 above, in the event

Shipper or Shipper's Designee transports any of the Dedicated Reserves

under a valid FTS-2 Service Agreement between Stingray and Shipper, this

Agreement shall terminate and be of no further force and effect.

 

2.3 Notwithstanding the provisions of Section 2.1 above, in the event

Shipper sells or assigns its right, title, and interest in the Dedicated

Reserves, upon the satisfaction of all conditions set forth in Section

4.3(b) below, this Agreement shall terminate and be of no further force

and effect.

 

2.4 Notwithstanding the provisions of Section 2.1 above, in the event that

Transporter has waived compliance with any of the quality specifications

set forth in Section 22 of the General Terms and Conditions of

Transporter's Tariff for the Dedicated Reserves, but revokes such waiver

due to operational considerations, this Agreement shall terminate and be

of no further force and effect.

 

2.5 Notwithstanding the provisions of Section 2.1 above, in the event that

Dedicated Reserves are transported on another pipeline in breach and

violation of the dedication hereunder (other than when Stingray has

invoked Force Majeure on its pipeline system),this Agreement shall

terminate and be of no further force and effect.

 

 

ARTICLE 3

NOTICES

 

Except as otherwise provided in the General Terms and Conditions applicable to

this Agreement, any notice or communication contemplated or required by this

Agreement shall be in writing, and shall be sent to the appropriate Party at

the applicable address set forth below, as may be revised from time to time,

in accordance herewith. Written notices required herein may be sent by

facsimile or mutually acceptable electronic means, a nationally recognized

overnight courier service, first class mail or hand delivered.