Texas Eastern Transmission Corporation

Sixth Revised Volume No. 1

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Effective Date: 06/01/1993, Docket: RS92- 11-009, Status: Effective

Original Sheet No. 770 Original Sheet No. 770 : Effective

 

FORM OF SERVICE AGREEMENT

FOR RATE SCHEDULE TABS-1

(Continued)

 

(a) Pipeline:

 

(b) TABS-1 Party:

 

or such other address as either party shall designate by formal written notice.

 

ARTICLE VII

 

ASSIGNMENTS

 

Any Company which shall succeed by purchase, merger, or consolidation to the

properties, substantially as an entirety, of TABS-1 Party, or of Pipeline, as the

case may be, shall be entitled to the rights and shall be subject to the

obligations of its predecessor in title under this Service Agreement; and either

of TABS-1 Party and Pipeline may assign or pledge this Service Agreement under

the provisions of any mortgage, deed of trust, indenture, bank credit agreement,

assignment, receivable sale, or similar instrument which it has executed or may

execute thereafter; otherwise, neither TABS-1 Party nor Pipeline shall assign

this Service Agreement or any of its rights hereunder unless it first shall have

obtained the consent thereto in writing of the other; provided further, however,

that neither TABS-1 Party nor Pipeline shall be released from its obligations

hereunder without the consent of the other.

 

ARTICLE VIII

 

INTERPRETATION

 

The interpretation and performance of this Service Agreement shall be in

accordance with the laws of the State of _____ without recourse to the law

regarding the conflict of laws.

 

This Service Agreement and the obligations of the parties are subject to all

present and future valid laws with respect to the subject matter, State and

Federal, and to all valid present and future orders, rules and regulations of

duly constituted authorities having jurisdiction.

 

ARTICLE IX

 

CANCELLATION OF PRIOR CONTRACT(S)

 

This Service Agreement supersedes and cancels, as of the effective date of

this Service Agreement, the contract(s) between the parties hereto as described

below: