East Tennessee Natural Gas, LLC

Third Revised Volume No. 1

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Effective Date: 05/21/2009, Docket: RP09-528-000, Status: Effective

Second Revised Sheet No. 611 Second Revised Sheet No. 611

Superseding: First Revised Sheet No. 611

 

PARK AND LOAN AGREEMENT

(For Use Under Rate Schedule PAL)

 

Date:__________________________, Contract No.__________________

 

SERVICE AGREEMENT

 

This AGREEMENT is entered into by and between East Tennessee Natural Gas, LLC, ("Transporter")

and _____________________________________ ("Shipper").

 

WHEREAS,

 

NOW THEREFORE, in consideration of the premises and of the mutual covenants herein contained,

the parties do agree as follows:

 

1. Transporter shall deliver and Shipper shall take and pay for service pursuant to the terms of

this Agreement and subject to Rate Schedule PAL in Transporter's Tariff and subject to the

General Terms and Conditions of Transporter's Tariff. Rate Schedule PAL and the General

Terms and Conditions of Transporter's Tariff are incorporated herein by reference and made a

part hereof.

 

2. Shipper shall initiate a request for each park or loan service transaction by executing and

delivering to Transporter one or more Exhibit(s) A, which will set forth the specific details

of each park and loan transaction including the Maximum Park Quantity and Maximum Loan

Quantity, as appropriate, and the PAL Point(s) of Transaction. Upon execution by

Transporter, Shipper's Exhibit(s) A shall be incorporated in and made a part hereof.

 

3. This Agreement shall be effective as of ___________ and shall remain in force and effect

until and including ___________ ("Primary Term"), unless terminated by either party by

written notice __________ prior to the end of the primary term or any successive term

thereafter. Any portions of this Agreement necessary to correct or resolve a Park Balance or

a Loan Balance under this Agreement as required by the General Terms and Conditions of

Transporter's FERC Gas Tariff shall survive the other parts of this Agreement until such time

as such balancing has been accomplished.

 

4. The applicable maximum rate(s) and all other applicable charges and surcharges specified in

the Notice of Rates in Transporter's FERC Gas Tariff and in Rate Schedule PAL shall apply to

service pursuant to this Agreement except as provided to the contrary in any written or

electronic agreement(s) between Transporter and Shipper in effect during the term of this

Agreement.

 

Shipper agrees that Transporter shall have the unilateral right to file with the appropriate

regulatory authority and make changes effective in the rates and charges applicable to

service pursuant to Rate Schedule PAL and in any provisions of Transporter's General Terms

and Conditions as they may be revised or replaced from time to time. Without prejudice to

Shipper's right to contest such changes, Shipper agrees to pay the effective rates and

charges for service rendered pursuant to this Agreement. Transporter agrees that Shipper may

protest or contest the aforementioned filings, or may seek authorization from duly

constituted regulatory authorities for adjustment of Transporter's existing FERC Gas Tariff

as may be found necessary to assure Transporter just and reasonable rates.

 

5. Unless otherwise required in the Tariff, all notices shall be in writing and shall be deemed

given when sent to Transporter and to Shipper at the addresses below or to such other address

as either party shall designate or shall be transmitted via facsimile. Shipper or

Transporter may change such addresses or other information by written notice to the other

without the necessity of amending this Agreement.

 

Transporter:

 

Shipper: