Granite State Gas Transmission, Inc.
Fourth Revised Volume No. 1
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Effective Date: 03/01/2010, Docket: RP10-322-000, Status: Effective
Original Sheet No. 161 Original Sheet No. 161
GAS TRANSPORTATION CONTRACT
(For Use Under FT-NN Rate Schedule)
12.1 This Contract shall become effective as
of____________________, 20___ 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.