Granite State Gas Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 05/07/2020, Docket: RP99-286-000, Status: Accepted
First Revised Sheet No. 441 First Revised Sheet No. 441 : Superseded
Superseding: Original Sheet No. 441
OPERATIONAL BALANCING AGREEMENT
(For Use Pursuant to Rate Schedule LMS)
Duration of Agreement - Subject to the other termination
rights provided herein, this Agreement shall be in full force
and effect from the date hereof for a primary term
commensurate to that of the underlying converted sales or new
transportation contract at the Delivery Point(s) (including
all extension rights provided in the converted or new
transportation contract), and shall continue thereafter on a
month-to-month basis unless canceled by either Party upon
thirty days' prior written notice with the termination to be
effective at the end of a calendar month. Notwithstanding the
above, if any material problems arise as a result of the
provisions of this Agreement, then the Parties will enter into
good faith negotiations to amend this Agreement to resolve
such problems. If the Parties are unable to resolve such
problems as a result of such negotiations, then either Party
may terminate this Agreement upon forty-eight (48) hours'
prior written notice, with the termination to be effective at
the end of a calendar month.
Continuing Obligations - Following the termination of this
Agreement, any remaining Operational Imbalance shall be
corrected in cash in accordance with Rate Schedule LMS of
Granite State's FERC Gas Tariff, Volume No. 1 unless the
parties mutually agree otherwise.