Southeast Supply Header, LLC
Original Volume No. 1
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Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective
Original Sheet No. 462 Original Sheet No. 462
FORM OF SERVICE AGREEMENT FOR
CAPACITY RELEASE UMBRELLA AGREEMENT UNDER
RATE SCHEDULE FTS
(CONTINUED)
Upon the finalization of an Addendum, subject to the terms,
conditions and limitations hereof and of Transporter's Rate Schedule
FTS, Transporter agrees to provide the applicable released service
for Replacement Shipper under the applicable rate schedule, provided
however, the Replacement Shipper qualified under the financial
evaluation and credit appraisal requirements set forth in Section 27
of Transporter's GT&C at the time it submitted the bid Transporter
accepted with respect to such release.
Replacement Shipper hereby agrees to promptly provide any
information necessary for Transporter to reevaluate Transporter's credit
appraisal as contemplated by Section 27 of Transporter's GT&C and to
advise Transporter of any material change in the information previously
provided by the Replacement Shipper to Transporter.
ARTICLE II
TERM OF AGREEMENT
The term of this Agreement shall commence on _______________ and
shall continue in force and effect until _________________ and
_______________ to ____________________ thereafter unless this Umbrella
Service Agreement is terminated as hereinafter provided. If Transporter
determines at anytime that Replacement Shipper fails to meet the
financial standards or credit criteria of Section 27 of the GT&C,
Transporter may terminate this agreement and all Addenda attached hereto
prospectively in accordance with Section 27 of the GT&C.
ARTICLE III
RATE SCHEDULE
This Umbrella Service Agreement does not have separate terms and
conditions for particular services, but only provides a means for a
Replacement Shipper to utilize a service subject to the applicable
provisions of the relevant Agreement and the terms and conditions for
Rate Schedule FTS, by finalization of a copy of an Addendum attached
hereto and fully incorporated herein as a part of this Umbrella Service
Agreement.