Pinnacle Pipeline Company
ORIGINAL VOLUME NO. 1
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Effective Date: 10/08/2003, Docket: RP04-102-001, Status: Effective
Original Sheet No. 162 Original Sheet No. 162 : Effective
29.5 Limitation on Damages - In all situations arising
out of a Transportation Agreement, Transporter
and Shipper shall attempt to avoid and minimize
the damages resulting from the act or omission of
the other party. Notwithstanding anything to the
contrary in the Agreement, no party shall be
liable to any other party for any lost or
prospective profits or any special, punitive,
exemplary, consequential, incidental or indirect
losses or damages (in tort, contract or
otherwise) under or in respect of the Agreement
or arising from any failure of performance
related hereto howsoever caused.
29.6 Ownership of Pipeline - Unless otherwise agreed,
in the event that Transporter at any time during
the term of a Transportation Agreement desires to
sell its pipeline system, Transporter shall
notify Shipper of the full particulars of any
bona fide offer received by Transporter that
Transporter is willing to accept. Shipper shall
have an exclusive first option to purchase the
system by providing to Transporter, within thirty
(30) Days after receipt of the notice from
Transporter, a written offer to purchase the
system on the same terms or terms more favorable
to Transporter. These rights to purchase shall
not extend to the sale, transfer or other
disposition of all or substantially all of
Transporter's assets, or to a sale or disposition
to another party being a wholly-owned subsidiary
or entity holding more than fifty-percent (50%)
of the stock of Transporter, or by merger, or by
way of pledge or hypothecation for purposes of
obtaining financing.
29.7 Calculations - The end results of all
calculations under a Transportation Agreement
shall be rounded to three (3) decimal places.
29.8 Entire Agreement - The Transportation Agreement,
Rate Schedules, and the General Terms and
Conditions contain the entire agreement of
Transporter and Shipper with respect to the
matters contained therein. No other agreement,
statement, or promise made by any party, or by
any employee, officer, or agent of any party,
which is not contained in such materials shall be