Carolina Gas Transmission Corporation

Original Volume No. 1

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Effective Date: 11/01/2006, Docket: CP06- 71-001, Status: Effective

Original Sheet No. 401 Original Sheet No. 401 : Effective

 

1.4 Pooler agrees that it is Pooler’s responsibility, and not Pipeline’s, to

ensure that quantities delivered into the Pool during a Gas Day equal

quantities delivered out of the Pool. Pipeline may cancel this Pooling

Agreement if Pooler fails to balance its receipts and deliveries on a

daily basis.

 

1.5 This Pooling Agreement supersedes all preexisting pooling agreements

between Pipeline and Shipper.

 

 

ARTICLE II

TERM OF AGREEMENT

 

2.1 Subject to Pooler’s satisfaction of GT&Cs Section 3 creditworthiness

requirements, this Pooling Agreement shall become effective as of the

date set forth above, and shall continue in effect for a primary term of

one (1) Month, and for successive terms of one (1) Month thereafter,

unless cancelled by either party giving written notice at least ten (10)

days prior to the end of the primary term or any monthly extension

thereof, or by operation of GT&Cs Section 20.1. Extension, suspension,

and termination of this Pooling Agreement shall be governed by the GT&Cs.

 

2.2 On termination of this Pooling Agreement, Pipeline and Pooler shall be

relieved of further obligation to the other party, except to complete the

activities underway on the termination date to comply with GT&Cs Section

19 with respect to any imbalance accrued prior to termination of this

Pooling Agreement, to render reports, and to make any payments accruing

as of the termination date.

 

 

ARTICLE III

GENERAL TERMS AND CONDITIONS

 

3.1 Pooler warrants and represents that by execution of this Pooling

Agreement Pooler has authority to nominate deliveries of gas supplies

designated by Pooler into and out of the Pool. Pooler agrees to

indemnify, save, and hold Pipeline, its subsidiaries, and affiliates and

their directors, officers, employees, and agents, free and harmless from

any and all suits, regulatory proceedings, actions, claims (including

attorneys’ fees and court costs), debts, accounts, damages (including

punitive damages), costs, losses, injuries, or expenses caused by

Pipeline’s allocation of gas to the Pool under this Pooling Agreement for

which Pooler did not have the authority or title to nominate, or caused

by Pooler’s TTT.