Bluewater Gas Storage, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 12/01/2006, Docket: CP06-351-001, Status: Effective

Original Sheet No. 241 Original Sheet No. 241 : Effective

 

 

 

FORM OF SERVICE AGREEMENT FOR

CAPACITY RELEASE UMBRELLA AGREEMENT UNDER

RATE SCHEDULES FSS, NNSS, FP AND FL

 

This Capacity Release Umbrella Agreement, made and entered into this

___ day of _________, ______by and between___________________ , a

_______________ (herein called "Replacement Customer"), and BLUEWATER

GAS STORAGE, LLC, a Delaware limited liability company herein called

"BLUEWATER", (each of BLUEWATER and Customer, a "Party," and

collectively, the "Parties").

 

W I T N E S S E T H:

 

WHEREAS,

 

NOW, THEREFORE, for and in consideration of the mutual covenants

and promises herein contained, the Replacement Customer and BLUEWATER

hereby agree as follows:

 

ARTICLE I

SCOPE OF AGREEMENT

 

Subject to the terms, conditions and limitations hereof, so long

as the financial evaluation and credit appraisal requirements are met

in order for Replacement Customer to be on BLUEWATER's approved bidder

list for capacity releases and to execute this Capacity Release

Umbrella Agreement pursuant to Section 4 of the General Terms and

Conditions of BLUEWATER's FERC Gas Tariff, and this Capacity Release

Umbrella Agreement is effective, Replacement Customer may bid from

time to time on proposed capacity releases under Rate Schedules FSS,

NNSS, FP and FL pursuant to the procedure set forth in Section 4 of

BLUEWATER's General Terms and Conditions. If at any time a bid

submitted by Replacement Customer is accepted by BLUEWATER with

respect to a given capacity release, BLUEWATER will promptly finalize

the appropriate Addendum to this Capacity Release Umbrella Agreement,

in the format attached hereto. The parties agree that each Addendum

is an integral part of this Capacity Release Umbrella Agreement as if

executed by the parties hereto and fully copied and set forth herein

at length and is binding on the parties hereto. Upon finalization of

such Addendum, Replacement Customer and BLUEWATER agree that

Replacement Customer shall be considered for all purposes as a

Customer with respect to the released service.

 

Upon the finalization of an Addendum, subject to the terms,

conditions and limitations hereof and of BLUEWATER's Rate Schedules

FSS, NNSS, FP and FL, BLUEWATER agrees to provide the released service

for Replacement Customer under the applicable Rate Schedule, provided

however, the Replacement Customer shall have qualified under the

financial evaluation and credit appraisal requirements set forth in

Section 3 of BLUEWATER's General Terms and Conditions at the time it

submitted the bid BLUEWATER accepted with respect to such release.

 

Replacement Customer hereby agrees promptly to provide any

information necessary for BLUEWATER to reevaluate BLUEWATER's credit

appraisal as contemplated by Section 3 of BLUEWATER's General Terms

and Conditions and to advise BLUEWATER of any material change in the

information previously provided by the Replacement Customer to

BLUEWATER.