Ozark Gas Transmission System

First Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 01/01/1996, Docket: RP95-458-000, Status: Effective

Second Revised Sheet No. 101 Second Revised Sheet No. 101 : Superseded

Superseding: First Revised Sheet No. 101

RATE SCHEDULE FTS

FIRM TRANSPORTATION SERVICE

(Continued)

 

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

 

11.1 Either Transporter, Shipper or both may assign

or pledge the executed FTS 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 Agreement, in whole

or in part, or any of its rights hereunder,

except as provided for in Section 11.2 of this

Agreement, unless it first shall have obtained

the written consent of the other party.

 

11.2 Assignment of firm capacity by Shipper pursuant to

18 C.F.R. Section 284.242. Transporter's require-

ments for approval of any assignment of capacity

subject to this Agreement shall be the following:

 

a. The assignment must be at the maximum rate;

 

b. The assignment must be for the remaining

term of the contract;

 

c. The assignee must meet the requirements of

this Rate Schedule FTS;

 

d. The assignment need not be of all of the

Shipper's contract demand on Transporter,

but must be of at least 1,000 MMbtu per day;

 

e. All costs incurred by Transporter associated

with regulatory approvals will be the responsibility

of the Shipper, and will be directly billed

to the assigning Shipper;

 

f. An assignment will act as a release of the assigning

Shipper's obligation under its Firm Transportation

Service Agreement under Rate Schedule FTS of the

capacity rights covered by the assignment;

 

g. Secondary assignments are allowed in the same manner

as defined in this Section 11.