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. 610 Original Sheet No. 610
OPERATIONAL BALANCING AGREEMENT
(Continued)
ARTICLE IV
OTHER AGREEMENTS
4.1 In the event that any provision of this Agreement conflicts with any
provision of the Parties' respective FERC Gas Tariffs or transportation
agreements, the applicable provision of the Parties' FERC Gas Tariffs or
transportation agreements shall take precedence over the conflicting
provisions of this Agreement; provided, however, that no Party or Daily or
Monthly Operational Imbalance, estimated or actual, shall be subject to (i) a
cash-in or cash-out, or (ii) an operational flow order, unless specifically
provided for in this Agreement.
ARTICLE V
NO THIRD PARTY BENEFICIARIES
5.1 This Agreement shall not create any rights in third parties, and no
provision of this Agreement shall be construed as creating any obligations
for the benefit of, or rights in favor of, any person or entity other than
the Parties.
ARTICLE VI
STANDARD OF PERFORMANCE
6.1 The Parties understand and agree that performance under this Agreement
shall occur only on a good faith basis. In the event of nonperformance or
noncompliance by either Party with respect to one or more
of the conditions set forth herein, such Party shall not be liable in any
manner to the other Party or to any third parties for such nonperformance or
noncompliance; except that, the Parties shall be legally obligated to
reconcile any outstanding actual Operational Imbalance under this Agreement
and which may exist upon termination of this Agreement consistent with the
relevant terms and conditions set forth in this Agreement.