Midstream Agreements: Payment Risk and Change in Law Risk | Practical Law
https://content.next.westlaw.com/Document/Id14af2dfe04411ebbea4f0dc9fb69570/View/FullText.html?transitionType=Default&contextData=(sc.Default)A Practice Note discussing payment risk and change in law risk in midstream agreements. This Note describes contractual mechanisms to address payment risk, including financial assurances, liens, and guaranties. It also explains how parties often address the risk of changes to laws and regulations, including those relating to greenhouse gas emissions and FERC jurisdiction. This Note includes drafting and negotiating tips, and sample provisions from publicly filed midstream agreements.
A Practice Note discussing payment risk and change in law risk in midstream agreements. This Note describes contractual mechanisms to address payment risk, including financial assurances, liens, and guaranties. It also explains how parties often address the risk of changes to laws and regulations, including those relating to greenhouse gas emissions and FERC jurisdiction. This Note includes drafting and negotiating tips, and sample provisions from publicly filed midstream agreements.