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. 287 First Revised Sheet No. 287
Superseding: Original Sheet No. 287
FORM OF RESERVE COMMITMENT AGREEMENT
2.5 Permanent Release
In the event of excess Deliverability under Section 2.4(a) for
more than 180 consecutive days or Transporter Inability under
Section 2.4(b), Shipper may request in writing from Transporter a
prospective permanent release of the Impacted Quantities from the
obligations under Section 2.1. Transporter shall have six (6)
months from the date of receipt of Shipper's release request to
take actions, including without limitation the installation of
facilities, to enable Transporter to receive the Impacted
Quantities from Shipper. To that end, within three (3) months
following Shipper's release request, Transporter shall review with
Shipper the steps or actions Transporter is taking, or proposes to
take, to enable Transporter to receive the Impacted Quantities
from Shipper. Within thirty (30) days after such review, Shipper
must notify Transporter in writing if Shipper elects to implement
the permanent release of the obligations under Section 2.1 with
respect to the Impacted Quantities. Upon such notification and
immediately after the end of the six (6) month period set forth
above, Transporter will release the Impacted Quantities from the
obligations under Section 2.1
ARTICLE III
TRANSPORTATION
3.1 Shipper may request that its production from the Committed
Block(s) be transported under Rate Schedules FT-1, FT-2 or IT-1,
in accordance with the provisions of the applicable Rate Schedule.
3.2 Transporter agrees to accept and process Shipper's Requests for
Service under Section 3.1 in accordance with the provisions of the
applicable Rate Schedules. Transporter does not guarantee
sufficient capacity to transport all of Shipper's production from
Committed Block(s). In the event of insufficient capacity,
Shipper's sole and exclusive remedy shall be as specified in
Sections 2.4 and 2.5 above.
3.3 Transporter shall have no obligation to build or install new
facilities to provide transportation service for production from
Committed Block(s).