Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 06/01/2005, Docket: RP02-361-049, Status: Effective

Second Revised Sheet No. 306 Second Revised Sheet No. 306 : Effective

Superseding: First Revised Sheet No. 306

 

FORM OF SERVICE AGREEMENT

For use under Transporter's Rate Schedule FTS

(Continued)

 

(b) In the event of a sale of a generating unit or units at any

of Shipper's generating facilities which are supplied gas

through the Transporter's gas transmission system, Shipper

may, upon notice to Transporter but without the need for

Transporter's consent, assign all or part of its right,

interest and obligations under this Agreement (except for

the assignment rights under this subparagraph (b)) to any

third party (or parties) that: (i) has a credit rating from

a nationally recognized credit rating agency equal to or

better than Shipper's but in no event less than investment

grade, and (ii) purchases said generating unit or units.

 

IN WITNESS WHEREOF, the parties hereto have caused this Agreement

to be signed by their respective Officers and/or Representatives

thereunto duly authorized to be effective as of the date stated

above.

 

 

SHIPPER:_________________ TRANSPORTER: Gulfstream

Natural Gas System, L.L.C.

 

 

By:______________________ By:______________________

 

 

Title:___________________ Title:___________________

 

 

Date:____________________ Date:____________________