| Liberty Gas Storage L.L.C. |
|
Original Sheet No. 150 : Effective |
| FERC Gas Tariff |
|
|
| Liberty Gas Storage L.L.C. |
GENERAL TERMS AND CONDITIONS
25. JOINT OBLIGATIONS
When Customer under a Storage Service Agreement consists of two or more
persons, the obligations of such persons under such agreement shall be joint
and several and, except as otherwise provided, any action provided to be taken
by Customer shall be taken by such persons jointly.
26. NONDISCRIMINATORY WAIVER OF TARIFF PROVISIONS AND NONWAIVER OF FUTURE
DEFAULTS
Liberty may waive any of its rights hereunder or any obligations of Customer on
a basis which is not unduly discriminatory; provided that no waiver by either
Customer or Liberty of any one or more defaults by the other in the performance
of any provision of the Storage Service Agreement between Customer and Liberty
shall operate or be construed as a waiver of any future default or defaults,
whether of a like or of a different character.
27. MODIFICATION
No modification to the terms and provisions of any Storage Service Agreement or
exhibit thereto shall be or become effective except by the execution of a
superseding Storage Service Agreement or exhibit thereto.
28. SUCCESSORS IN INTEREST
Any company which shall succeed by purchase, merger, consolidation or otherwise
to the properties substantially as an entirety, of Liberty or of Customer,
shall be entitled to the rights and shall be subject to the obligations of its
predecessors in title under a Storage Service Agreement. In accordance with the
capacity release procedures set forth in Section 4 of the General Terms and
Conditions, Customer may, without relieving itself of its obligations under
such Storage Service Agreement, assign any of its rights and obligations
thereunder to another shipper, but otherwise no assignment of such Storage
Service Agreement, or of any of the rights or obligations thereunder shall be
made unless there first shall have been obtained the consent thereto of
Liberty, in the event of any assignment by Customer, or the consent thereto of
Customer, in the event of an assignment by Liberty. These restrictions on
assignment shall not in any way prevent any party from pledging or mortgaging
its rights under a Storage Service Agreement as security for its indebtedness.
| Issued by: William Rapp, Senior Counsel |
| Issue date: 06/10/05 |
|
Effective date: 04/15/07 |