Stingray Pipeline Company, L. L. C.

Third Revised Volume No. 1

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Effective Date: 08/01/2009, Docket: RP08-436-004, Status: Effective

Original Sheet No. 332A Original Sheet No. 332A

 

4.3 Succession and Assignment

 

(a) Any entity which shall succeed by purchase, merger, consolidation,

sale or assignment to title to the properties, substantially as an

entirety, of Stingray or Shipper, as the case may be, shall be

entitled to the rights, including rights to related pipeline

capacity under Rate Schedule FTS-2, and shall be subject to the

obligations of its predecessor in title under this Agreement.

 

(b) No sale or assignment of Shipper's right, title, and interest in

the Dedicated Reserves shall be effective as to Stingray without

the prior written consent of Stingray, which consent shall be

subject to the following conditions:

 

(i) the party acquiring the Dedicated Reserves from Shipper

("Assignee") acquiring sufficient transportation capacity on

Stingray to transport the Dedicated Reserves pursuant to