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).