Arkansas Western Pipeline Company

First Revised Volume No. 1

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Effective Date: 12/01/1993, Docket: CP92-570-005, Status: Effective

Original Sheet No. 57 Original Sheet No. 57 : Superseded

 

 

 

10. LAWS AND REGULATIONS

 

This FTS Rate Schedule and the executed FTS Service Agreement and

the obligations of the parties hereunder are subject to all

present and future valid laws with respect to the subject matter

hereof, either State or Federal, and to all valid present or

future decisions, orders, rules and regulations of all duly

constituted governmental authorities having jurisdiction. The

service provided under this FTS Rate Schedule is implemented

pursuant to Transporter's blanket certificate issued pursuant to

Section 7(c) of the Natural Gas Act.

 

11. ASSIGNMENTS

 

Either Transporter, Shipper or both may assign or pledge the

executed FTS Service Agreement under the provisions of any

mortgage, deed of trust, indenture, or similar instrument which

it has executed or may execute covering substantially all of its

properties; otherwise neither party may assign the executed FTS

Service Agreement, in whole or in part, or any of its rights

hereunder, unless it first shall have obtained the written

consent of the other party.

 

12. GOVERNMENTAL APPROVALS

 

12.1 Transporter and Shipper shall diligently proceed to file

applications with the FERC and other governmental

authorities for all authorizations necessary to carry out

their obligations under this FTS Rate Schedule and the

executed FTS Service Agreement.

 

12.2 Transporter's and Shipper's obligations under this FTS Rate

Schedule and the executed FTS Service Agreement are

conditioned upon each party obtaining from governmental

authorities all necessary authorizations in form and

substance satisfactory to the party applying therefor.

Neither party shall be required to accept any authorization

which, in the sole judgment of the party applying for same,

contravenes or nullifies any provision of the executed FTS

Service Agreement or is otherwise unacceptable to that

party. Upon acceptance by Transporter and Shipper of all

regulatory authorizations required to perform the

transactions covered hereby, Transporter and Shipper shall

proceed with diligence to construct or cause to be

constructed all facilities needed