Caledonia Gas And Storage
Original Volume No. 1
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Effective Date: 05/01/2007, Docket: CP05- 15-003, Status: Effective
Original Sheet No. 89 Original Sheet No. 89 : Effective
(a) Caledonia Energy Partners, LLC
2001 Timber Creek Road
Flower Mound, TX
75028
Attention: Jim Goetz
(b) Replacement Customer:
or such other address as either party shall designate by formal written notice.
ARTICLE V
INTERPRETATION
The interpretation and performance of this Capacity Release Umbrella Agreement
shall be in accordance with the laws of the State of Texas, without recourse to
the law governing conflict of laws.
This Capacity Release Umbrella Agreement and the obligations of the parties are
subject to all present and future valid laws with respect to the subject
matter, either State or Federal, and to all valid present and future orders,
rules, and regulations of duly constituted authorities having
jurisdiction.
ARTICLE VIRELATIONSHIP BETWEEN REPLACEMENT CUSTOMERAND RELEASING CUSTOMER
The parties recognize that, pursuant to Commission orders, Releasing Customer
may require that the Replacement Customer agree that a breach of this Capacity
Release Umbrella Agreement, including a failure to pay, or to pay timely, by
Replacement Customer under this Capacity Release Umbrella Agreement,
constitutes a breach of contract as between Replacement Customer and Releasing
Customer. The existence of such an agreement will be indicated on the
appropriate Addendum to this Capacity Release Umbrella Agreement. If
Replacement Customer fails to pay Caledonia, fails to timely pay Caledonia, or
otherwise breaches this Capacity Release Umbrella Agreement with Caledonia:
(a) both Replacement Customer and Releasing Customer (except to the extent
otherwise provided in Section 9 of the General Teams and Conditions and except
with respect to penalties attributable to Replacement Customer’s conduct) shall
be liable to Caledonia for such failure to pay or breach (it being understood
that nothing in this Article VI relieves Releasing Customer from responsibility
to pay Caledonia in accordance with its Service Agreements with Caledonia) and
(b) if, as a result of such breach by Replacement Customer, Releasing Customer
is accordingly required to pay Caledonia or otherwise perform, Releasing
Customer may have a cause of action for breach against Replacement Customer.