Garden Banks Gas Pipeline, LLC
Original Volume No. 1
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Effective Date: 05/10/2010, Docket: RP10-594-000, Status: Effective
First Revised Sheet No. 275 First Revised Sheet No. 275
Superseding: Original Sheet No. 275
FORM FOR SERVICE AGREEMENT FOR TEMPORARY
RELEASE OF FIRM TRANSPORTATION CAPACITY
THIS AGREEMENT is made and entered into as of the ________ day of
____________, ______, by and between GARDEN BANKS GAS PIPELINE, LLC, a
Delaware limited liability company, hereinafter referred to as "Transporter",
and ______________________________ _______________________, a
_____________________ corporation, hereinafter referred to as "Acquiring
Shipper". Transporter and Acquiring Shipper shall collectively be referred to
herein as the "Parties".
WITNESSETH
WHEREAS, Transporter provides firm transportation services to Shippers
under Part 284 of the Federal Energy Regulatory Commission's (Commission)
Regulations and Transporter's Rate Schedule FT-1 of its FERC Gas Tariff or
Rate Schedule FT-2 of its FERC Gas Tariff; and
WHEREAS, Shippers have the right to offer their firm transportation
capacity under Rate Schedules FT-1 or FT-2 for release to other parties on a
temporary basis pursuant to Section 19 of the General Terms and Conditions of
Transporter's FERC Gas Tariff; and
WHEREAS, Acquiring Shipper will be bidding on offers of released
transportation capacity, and to the extent Acquiring Shipper is successful in
its bid(s), Transporter is willing to provide firm transportation service to
Acquiring Shipper pursuant to the provisions of Rate Schedules FT-1 or FT-2,
as applicable, Subpart G of Part 284 of the Commission's Regulations and this
Agreement.
NOW, THEREFORE, the Parties hereby agrees as follows:
ARTICLE I
SCOPE OF AGREEMENT
1.1 Subject to the terms, conditions and limitations hereof, so
long as the financial evaluation and credit appraisal requirements
pursuant to Section 6.3 of Rate Schedules FT-1 or FT-2 are met in
order for Acquiring Shipper to be pre-qualified for capacity
releases and this Agreement is effective, Acquiring Shipper may
bid from time to time on proposed capacity releases under Rate
Schedules FT-1 or FT-2 pursuant to