Keyspan LNG, LP (Alng)
Third Revised Volume No. 1
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Effective Date: 01/27/2003, Docket: RP03-241-000, Status: Effective
Original Sheet No. 112 Original Sheet No. 112 : Effective
Joseph A. Vaszily, Vice President
FORM OF SERVICE AGREEMENT FOR
CAPACITY RELEASE UMBRELLA AGREEMENT UNDER
RATE SCHEDULE FST-LG
(Continued)
an integral part of this Umbrella Service Agreement as if executed by the
parties hereto and fully copied and set forth herein at length and is
binding on the parties hereto.
Subject to the terms, conditions and limitations hereof and of
KLNG's Rate Schedule FST-LG, and the form of service agreement applicable
thereto, KLNG agrees to provide the applicable released service for
Replacement Customer under Rate Schedule FST-LG, provided that the
Replacement Customer qualified under the financial evaluation and credit
appraisal requirements set forth in Section 3 of KLNG's General Terms and
Conditions at the time it submitted the bid KLNG accepted with respect to
such release.
Replacement Customer hereby agrees to advise KLNG of any material
change in the information previously provided by the Replacement Customer
to KLNG pursuant to Section 3 of KLNG's General Terms and Conditions.
ARTICLE II
TERM OF AGREEMENT
The term of this Agreement shall commence on __________ and shall
continued in force and effect until ______________ and ________________
to _______________ thereafter unless this Umbrella Service Agreement is
terminated as hereinafter provided. If KLNG determines at any time that
Replacement Customer fails to meet the financial standards or credit
criteria of Section 3 of the General Terms and Conditions, KLNG may
terminate this Agreement prospectively, without affecting Addenda
previously executed but subject to the terms and conditions of KLNG's
tariff.