Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective
Original Sheet No. 586 Original Sheet No. 586
FORM OF ASSIGNMENT AGREEMENT
(Continued)
(b) Replacement Shipper shall comply with (i) the terms and
conditions of the assigned Service Agreement or Assignment Agreement
described in Section 1 above, (ii) Transporter's applicable Rate Schedule,
(iii) Appendix A attached hereto, and (iv) the General Terms and Conditions
of Transporter's Tariff, under which Replacement Shipper shall be deemed to
be a "Shipper".
(c) Replacement Shipper shall pay Transporter a reservation charge
of $______ or a percentage of the maximum rate per Dth/day per month. In
addition, Replacement Shipper shall pay to Transporter (i) all commodity
charges (or all payments under one-part volumetric rates of ______¢/Dth or a
percentage of the maximum rate per/Dth), (ii) any commodity surcharges, (iii)
any penalties or imbalance correction costs associated with the capacity and
service rights assigned under this Agreement, and (iv) any applicable overrun
charges, as set forth in Transporter's currently-effective Tariff, as any of
these charges may be adjusted from time to time upon approval of the
Commission. As provided in Section 14.8(b) of the General Terms and
Conditions of Transporter's Tariff, in the event of termination of Releasor's
Service Agreement with Transporter under Section 10.4 of the General Terms
and Conditions, Replacement Shipper's Service Agreement with Transporter is
deemed terminated unless Replacement Shipper agrees to pay the lower of: (1)
the former Releasing Shipper's contract rate or (2) the maximum tariff rate
for the service for the remainder of the Replacement Shipper's Service
Agreement.
3. Obligations of Transporter. Transporter shall provide service to
Replacement Shipper and shall bill Releasor and Replacement Shipper in
accordance with (i) the assigned Service Agreement or Assignment Agreement
described in Section 1 above, (ii) Transporter's applicable Rate Schedule,
(iii) Appendix A attached hereto, and (iv) the General Terms and Conditions
of Transporter's Tariff.
4. Term. Service under this Agreement shall commence as of
_________________________, 20____, and shall continue in full force and
effect until _________________________, 20____.
5. Releasor's Recall Rights. This Agreement and the assignment herein
shall be subject to Releasor's rights to recall in accordance with the
following requirements:
(a) The frequency with which Releasor may recall the capacity shall
be:
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