Senna Hills, Ltd., granted Southern Union Co. the right to distribute propane in a residential subdivision developed

Question:

Senna Hills, Ltd., granted Southern Union Co. the right to distribute propane in a residential subdivision developed by Senna in exchange for a fee. Under their agreement, Senna’s “ right to receive a Fee shall continue for so long as the Propane System is owned by Southern Union.” The agreement also allowed Southern Union to assign the right. Later, Sonterra Energy Corp. bought the system and was assigned the right, but did not pay the fee to Senna. Did Sonterra breach the propane service agreement? Why or why not?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...