Assignment MIPL(C)L Assignment Request By The “Assignee” of Contract Demand
_____________________ (the "Assignee") wishes to take assignment from ______________________ (the "Assignor") of the following Contract Demand currently contained in a MIPL(C)L Contract between Many Islands Pipe Lines (Canada) Limited ("MIPL(C)L") and the Assignor, MIPL(C)L Contract No. _________:
Receipt Code
Delivery Meter Code
GJ/day
The Assignee herein requests that this Assignment will be: (check one)
❑
(a) Temporary - for the period commencing _________________________ and terminating ________________________, or
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(b) Permanent - commencing ____________________________ and for the remainder of the term of the assigned Contract Demand.
The Assignee understands that, prior to any requested Contract Demand assignment becoming effective, this request is subject to review and approval by MIPL(C)L.
In the event that MIPL(C)L approves the within request, the Assignee further agrees to be bound by the terms and conditions set out in Appendix A, attached to and forming part of this request.
The Assignee further agrees that by virtue of this request for a Contract Demand assignment, the Assignee is granting authorization to MIPL(C)L that, in the event the within request is approved by MIPL(C)L, MIPL(C)L has the authority to make any necessary amendments to the Assignee’s MIPL(C)L Contract, or issue a new MIPL(C)L Contract, if required, in order to achieve the requested Contract Demand assignment. The Assignee agrees to be bound by the terms and conditions of any such MIPL(C)L Contractor amendment thereof. The Assignee further agrees this request is a Contract Demand Assignment request only and if confirmed accordingly by the Assignor and approved by MIPL(C)L, the Assignee will hold the same transportation rights, which were held by the Assignor at the Effective Date of the Contract Demand Assignment.
I hereby warrant in favor of MIPL(C)L that I have authority to sign this Contract Demand Assignment Request and authorize this Contract Demand Assignment on behalf of the Assignee.
Agreed and accepted this _____ day of ______________, 200_____.
Per:
__________________________________________ __________________________________________ Printed Name of Company (Assignee) Signature
Assignments : A temporary Assignee cannot request an assignment of Contract Demand held by virtue of a temporary Contract Demand Assignment.
Appendix A
• The Assignee agrees to be bound by the terms and conditions applicable to the assigned Contract Demand, in accordance with MIPL(C)L’s Tariff, for the duration of the Contract Demand Assignment, and further, the Assignee agrees that it shall execute such further assurances and do all such further acts as may be reasonably necessary for the purpose of effecting the Contract Demand Assignment. • In the event a temporary Contract Demand Assignment is selected, and subject to the foregoing, MIPL(C)L will first look for performance of the obligations of the Terms and Conditions of the MIPL(C)L Contract from the Assignee. However, the Assignor remains ultimately obligated for the observance and performance of the Terms and Conditions of the MIPL(C)L Contract, with respect to the assigned Contract Demand. Further, the Assignor shall remain obligated to provide any and all financial assurances pursuant to the MIPL(C)L General Terms and Conditions.
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