Portland Natural Gas Transmission System
Third Amendment to Amended and Restated
THIS THIRD AMENDMENT TO AMENDED AND RESIATED PARTNERSHIP AGREEMENT (this Third Amendment) is entered into this day of , 1998 by and among the undersigned, who constitute all of the partners of Portland Natural Gas Transmission System (the Partnership).
WHEREAS the undersigned entered into the Amended and Restated Partnership Agreement (the Partnership Agreement) as of March 1, 1996; and
WHEREAS the Management Committee (as that term is defined in the Partnership Agreement) has determined to amend Section 2.6.2(a) of the Partnership Agreement as provided herein;
Now therefore, in consideration of the mutual covenant and agreement set forth below, the Parties, intending to be legally bound, agree as follows:
1 Amendment to § 2.6.2(a). Section 2.6.2(a) of the Partnership Agreement is hereby amended to read as follows:
(a) Each Partner represents and warrants that as of the date of its admission to the Partnership, it is exempt from, or not subject to regulation as, a holding company or a subsidiary company of a holding company, within the meaning of the Public Utility Holding Company Act of 1935, as amended, or a public utility within the meaning of the Federal Power Act, as amended;
2. Effective Date. This Third Amendment shall be effective from and after the 1st day of March, 1996.
3. Counterparts. This Third Amendment may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
4. Effect on Partnership Agreement. Except as expressly set forth herein, the Partnership Agreement and all of the representations, warranties, covenants and agreements contained therein remain in full force and effect for the benefit of the parties thereto and hereto and their successors and assigns.