Midcoast Interstate Transmission, Inc.

Second Revised Volume No. 1

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Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective

First Revised Sheet No. 193 First Revised Sheet No. 193 : Effective

Superseding: ORIGINAL SHEET NO. 193

FORM OF RELEASED TRANSPORTATION SERVICE CONTRACT

(continued)

 

If to Replacement Shipper:

 

 

 

 

 

 

 

 

 

ARTICLE V

SUCCESSORS AND ASSIGNS

 

This Contract shall be binding upon and inure to the benefit

of the parties hereto and their respective successors and assigns.

No assignment or transfer by either party of any of its rights

hereunder, except for transfers pursuant to the release program set

forth in Transporter's Tariff, shall be made without the prior

written consent of the other party. Such consent shall not be

unreasonably withheld. No such consent of Transporter or

Replacement Shipper shall be required when an assignment by

Replacement Shipper or Transporter is the result of, and part of,

a corporate acquisition, merger or reorganization. Nothing

contained herein shall prevent either party from pledging,

mortgaging or assigning its rights hereunder as security for its

indebtedness and either party may assign to the pledgee or

mortgagee (or to a trustee for the holder of such indebtedness) any

money due or to become due under this Contract. As between the

parties hereto, such assignment shall become effective on the first

day of the month following written notice that such assignment has

been effectuated. Upon request of either party, the other party

shall acknowledge in writing any permitted assignment described

herein and the right of any permitted assignee (and any assignee

upon enforcement of any assignment made as security for

indebtedness) to enforce this Contract against such other party,

and shall also deliver such certificates, copies of corporate

documents and opinions of counsel as may be reasonably requested by

such permitted assignee relating to such party, this Contract and

any other matters relevant thereto. No permitted assignment shall

relieve the assigning party from any of its obligations under this