Iroquois Gas Transmission System, L.P.

FIRST REVISED VOLUME NO. 1

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Effective Date: 12/23/2004, Docket: RP05- 88-000, Status: Effective

Fourth Revised Sheet No. 172 Fourth Revised Sheet No. 172 : Effective

Superseding: Third Revised Sheet No. 172

 

NOW, THEREFORE, in consideration of the mutual covenants and

agreements herein assumed, Transporter and Shipper agree as

follows:

 

 

ARTICLE I - SCOPE OF CONTRACT

 

1. On the Commencement Date and each day thereafter on

which Shipper and Transporter schedule parking service and

subject to the interruption of service by Transporter in

accordance with this Contract and Transporter's Tariff, (i)

Shipper shall cause the Parked Quantity to be delivered to

Transporter at the Parking Point(s) and (ii) Transporter shall

hold the Parked Quantity for Shipper's Account and, upon

scheduling, redeliver any Parked Quantities to or on behalf of

Shipper at the Parking Point(s).

 

2. On the Commencement Date and each day thereafter on

which Shipper and Transporter schedule Loan Service and subject

to the interruption of service by Transporter in accordance with

this Contract and Transporter's Tariff, (i) Transporter shall

make available to or on behalf of Shipper the Loaned Quantity at

the Loan Point(s) and (ii) upon scheduling, Shipper shall cause

any Loaned Quantities to be redelivered to Transporter at the

Loan Point(s).

 

3. Shipper shall be solely responsible for securing

faithful performance by the supplier(s) of natural gas under

Shipper's Contracts and/or any applicable upstream or downstream

shippers in all matters which may affect Transporter's

performance hereunder, and Transporter shall not be liable

hereunder to Shipper as a result of the failure of said gas

supplier(s) and/or any applicable upstream or downstream shippers

to so perform.

 

4. In the event that Shipper wishes to move Parked

Quantities or Loaned Quantities from one Parking or Loan Point to

another Parking or Loan Point on Transporter's system, Shipper

shall be responsible for arranging such transportation in

accordance with the provisions of Rate Schedules RTS or ITS and

the General Terms and Conditions of Transporter's Tariff.

 

 

ARTICLE II - PARK AND LOAN CAPACITY

 

1. Shipper hereby contracts for the right (i) to cause

Transporter to receive from or for the account of Shipper at each

Parking Point such quantities of natural gas specified by