Granite State Gas Transmission, Inc.

Third Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/07/2020, Docket: RP99-286-002, Status: Accepted

Sub First Revised Sheet No. 441 Sub First Revised Sheet No. 441 : Effective

Superseding: First Revised Sheet No. 441

 

OPERATIONAL BALANCING AGREEMENT

(For Use Pursuant to Rate Schedule LMS)

(Continued)

 

 

ARTICLE III

TERM

 

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.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Issued by: Daniel D. Gavito, Vice President

Issued on: March 31, 2000 Effective: April 1, 2000

Filed to comply with order of the Federal Energy Regulatory Commission, Docket No. RP99-286, issued March 17, 2000