Nautilus Pipeline Company, LLC
Original Volume No. 1
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Effective Date: 04/05/2010, Docket: RP10-475-000, Status: Effective
First Revised Sheet No. 40 First Revised Sheet No. 40
Superseding: Original Sheet No. 40
RATE SCHEDULE FT-2
FIRM TRANSPORTATION SERVICE
20. TERMINATION OF SERVICE AGREEMENT con't
remedies available to Transporter at law and in equity, to terminate
Shipper's Service Agreement hereunder if Shipper fails to cure such non-
payment within such sixty (60) Day period. Provided, however, if
Shipper, in good faith, disputes the amount of any such bill or portion
thereof and pays to Transporter in a timely manner such amounts as it
concedes to be correct, Transporter shall not have the right to
terminate Shipper's Service Agreement; provided, however, Transporter
shall have all of the rights set out in Section 8 of the GT&C of
Transporter's Tariff.
20.2 If either Shipper or Transporter fails to cure an event of force
majeure within ninety (90) Days of having provided notice to the other
party of the existence of a condition of force majeure declared in
accordance with Section 25 of the GT&C of Transporter's Tariff, then the
party not claiming force majeure may, upon providing thirty (30) Days
notice to the other party in accordance with Section 9 of the GT&C of
Transporter's Tariff, terminate the Rate Schedule FT-2 Service Agreement
as to which the event of force majeure relates. Provided, however,
Shipper shall have one hundred eighty (180) Days to cure an event of
force majeure affecting production at depths of two hundred (200) meters
or greater; and, provided further, if the party declaring force majeure
has been diligently pursuing a cure of the force majeure event during
such ninety (90) or one hundred eighty (180) Day cure period specified
above but has not cured the force majeure event by the close of such
period, then the termination rights of this Section shall not apply so
long as such diligent pursuit continues.