Columbia Gas Transmission LLC
Third Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 03/23/2009, Docket: RP09-375-001, Status: Effective
Original Sheet No. 280A Original Sheet No. 280A
(2) Early Termination of Service Agreements. Transporter may, in a not unduly discriminatory
manner agree with Shipper to terminate its Recourse rate, discounted rate or negotiated rate long-term Service
Agreement prior to its expiration date. The situations in which Transporter may agree to terminate such a
Service Agreement include, without limitation, the following:
(i) where Shipper responds to a solicitation for capacity release offers in a reverse
open season for capacity requiring the construction of new facilities and the conditions set forth in the
solicitation have been satisfied;
(ii) Where Shipper agrees to pay an exit fee that is sufficient, taking into account the
remaining term of the Service Agreement and the value and liquidity of the capacity subscribed under the
Service Agreement being terminated or reduced, to make the termination or reduction financially beneficial to
Transporter, in Transporter's reasonable judgment. Transporter may waive the exit fee where Shipper's Service
Agreement provides for a discounted rate and Transporter concludes that the capacity subscribed thereunder
would be sold at a higher rate for the full remaining term of the Service Agreement.
An agreement to terminate a Service Agreement hereunder shall not constitute a material deviation from the
applicable form of Service Agreement.