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