Granite State Gas Transmission, Inc.

Third Revised Volume No. 1

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Effective Date: 05/07/2020, Docket: RS93- 1-001, Status: Accepted

Original Sheet No. 419 Original Sheet No. 419 : Effective

 

 

 

GAS TRANSPORTATION CONTRACT

(For Use Under FT-NN Rate Schedule)

(continued)

 

 

ARTICLE XII

TERM

 

12.1 This Contract shall become effective as of _______

_____________, 19___ and shall remain in force and effect

until ___________________________, ________ and from

_________________ to _________________1/ thereafter, unless

cancelled by either Party upon one year's written notice;

provided however, if the term of the Contract is less than one

year, either party may terminate this Contract by providing

written notice of its election at the commencement of the

primary term or any secondary term of this Contract. To the

extent pregranted abandonment authorization under the FERC's

regulations applies, Granite State will seek abandonment

authorization from the FERC prior to exercising its unilateral

right to terminate the Contract following the expiration of

the primary term.2/

 

12.2 Any portion of this Contract necessary to correct or cashout

imbalances under this Contract as required by the General

Terms and Conditions of Granite State's FERC Gas Tariff, shall

survive the other parts of this Contract until such time as

such balancing has been accomplished.

 

 

 

 

 

 

 

 

 

 

1/ The evergreen period shall be the lesser of the original term

of the Contract, or one year.

 

2/ Applicable to agreements with deliveries at a Customer's

traditional delivery points under its firm sales service,

which have a primary term equal or greater than one year.