Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 04/16/1997, Docket: CP96-678-001, Status: Effective

Original Sheet No. 276 Original Sheet No. 276 : Effective

 

FORM OF SERVICE AGREEMENT FOR TEMPORARY

RELEASE OF FIRM TRANSPORTATION CAPACITY

 

 

the procedures set forth in Section 19 of Transporter's General

Terms and Conditions. If at any time a bid submitted by

Acquiring Shipper is deemed to be the best bid by Transporter

with respect to a given offer to release firm transportation

capacity, Transporter will promptly finalize the appropriate

Addendum to this Agreement, in the format attached hereto.

Upon finalization of such Addendum, Acquiring Shipper and

Transporter agree that Acquiring Shipper shall be considered

for all purposes as a Shipper with respect to the released

service.

 

1.2 Upon the finalization of an Addendum, subject to the terms,

conditions and limitations hereof and of Transporter's Rate

Schedule FT-1 or Rate Schedule FT-2, Transporter agrees to

provide the released firm transportation service for Acquiring

Shipper under Rate Schedule FT-1, Rate Schedule FT-2, the

General Terms and Conditions incorporated therein and this

Agreement.

 

1.3 Acquiring Shipper hereby agrees to promptly provide any

information necessary for Transporter to reevaluate Acquiring

Shipper's credit appraisal under Section 6.3 of Rate Schedules

FT-1 or FT-2 and to advise Transporter of any material change

in the information previously provided by the Acquiring Shipper

to Transporter.

 

1.4 Subject to the terms and provisions of this Agreement, Rate

Schedule FT-1, Rate Schedule FT-2 and the General Terms and

Conditions incorporated therein , Acquiring Shipper agrees to

deliver, or cause to be delivered, to Transporter at the

Primary Receipt Point(s) described in the Addendum and Exhibit

"A" to this Agreement, and Transporter agrees to accept at such

Point(s) for transportation under this Agreement, a quantity of

gas on any day on a firm basis limited to the Receipt Point(s)

and MDRQ(s) set out on the Addendum in effect on that day.

 

1.5 Subject to the terms and provisions of this Agreement, Rate

Schedule FT-1, Rate Schedule FT-2 and the General Terms and

Conditions incorporated therein, Transporter shall deliver an

equivalent quantity of gas, as set forth in Rate Schedules FT-1

or FT-2, to Acquiring Shipper at the Delivery Point(s)