Sea Robin Pipeline Company

First Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 79-003, Status: Effective

Original Sheet No. 207 Original Sheet No. 207 : Superseded

 

 

PRO FORMA

OPERATIONAL BALANCING AGREEMENT

(Continued)

 

credit references and either their most recent audited or otherwise verified financial

statement, annual report, Form 10-K or alternate credit information sufficient to

demonstrate that they will be able to meet their financial obligations under this

Agreement. The parties acknowledgethat Sea Robin or Pipeline Operator may

terminate this Agreement at the end of the current calendar month upon prior

written notice to the other party hereto if they do not receive the information sought

by the requesting party which assures that party of Pipeline Operator's or Sea

Robin's solvency and ability to perform its obligations under this Agreement.

 

4.9 Assignability - This Agreement shall not be assignable by either Party.

 

4.10 Governing Law - The validity and interpretation of this Agreement shall be governed

by the laws of the State of Alabama.

 

4.11 Supersede and Control - The terms of this Agreement shall supersede and control

the terms of any other agreement between Sea Robin and Pipeline Operator with

regard to the allocation of deliveries by Sea Robin at the Interconnection Point and

the resolution of Pipeline Operator's Monthly Operational Imbalance. No

modifications or amendments to this Agreement shall be valid or enforceable unless

such modifications or amendments are stated in writing and validly executed by the

Parties.

 

4.12 Notices - Except as otherwise provided in the General Terms and Conditions

applicable to this Agreement, any notice under this Agreement shall be in writing

and mailed to the post office address of the Party intended to receive the same, as

follows:

 

SEA ROBIN PIPELINE COMPANY:

 

NOTICES: Sea Robin Pipeline Company

Post Office Box 2563

Birmingham, Alabama 35202-2563

 

Attention: Transportation Services

Department