Ozark Gas Transmission System
First Revised Volume No. 1
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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Second Revised Sheet No. 101 Second Revised Sheet No. 101 : Superseded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.