Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 01/19/2005, Docket: RP05-129-000, Status: Effective

Fourth Revised Sheet No. 290 Fourth Revised Sheet No. 290 : Effective

Superseding: Third Revised Sheet No. 290

 

GENERAL TERMS AND CONDITIONS

FOR RATE SCHEDULE [FSS, ISS]

 

1) Upon termination hereof for whatever reason, Customer agrees to stop delivering gas to MRT

for storage hereunder. In addition, upon termination of this Agreement, Customer agrees

that it will thereafter make no further demand for service hereunder and MRT agrees that it

will make no further demand for the continuation of services or any payment related

thereto, other than payments which are due with respect to any services previously

provided. Customer agrees to cooperate with and assist MRT in obtaining whatever

regulatory approvals and authorizations, if any, as are necessary or appropriate in view of

such termination and abandonment of service hereunder.

 

2) Termination of this Agreement shall not relieve either party of any obligation that might otherwise

exist to correct any volume imbalance hereunder (including withdrawal of stored quantities) nor relieve

Customer of its obligation to pay any monies due hereunder to MRT.

 

3) In accordance with the terms and conditions of Section 17 of the General Terms and Conditions of MRT's

FERC Gas Tariff, Third Revised Volume No. 1 (General Terms and Conditions), if Customer fails to pay

within thirty (30) days after payment is due all of the amount of any bill for service rendered by MRT

hereunder, MRT, upon ten (10) days' written notice to Customer, may suspend further injections and/or

withdrawals of gas until such past due amount is paid, or satisfactory credit arrangements have been

made in accordance with Section 5 of the General Terms and Conditions. If Customer fails to pay or

make satisfactory credit arrangements within such ten (10) day notice period, MRT, in addition to any

other remedy it may have hereunder, may, upon thirty (30) days' written notice to Customer, terminate

this Agreement and cease further injections and/or withdrawals of gas on behalf of Customer.

 

4) Service hereunder shall be provided pursuant to Rate Schedule [FSS/ISS] of MRT's FERC Gas Tariff, Third

Revised Volume No. 1. Customer will provide Fuel Use and LUFG.

 

5) This Agreement shall be subject to the provisions of the applicable rate schedule as well as the

General Terms and Conditions set forth in MRT's tariff, as on file and in effect from time to time, and

such provisions are incorporated herein by this reference. Any curtailment of storage service

hereunder shall be in accordance with the priorities set out in MRT's General Terms and Conditions. To

the extent not inconsistent with effective law, MRT shall have the right to determine the priority

and/or scheduling of the storage service under this Agreement and to revise the priority and/or

scheduling of this storage service from time to time.

 

6) MRT shall have the right at any time and from time to time to file and place into effect unilateral

changes or modifications in the rates and charges, and other terms and conditions of service hereunder,

as set forth in the applicable rate schedule and in the General Terms and Conditions, in accordance

with the Natural Gas Act or other applicable law.

 

7) In the event that MRT places on file with the Commission another rate schedule which may be applicable

to service rendered hereunder, then MRT, at its option, may, from and after the effective date of such

rate schedule, utilize such rate schedule in the performance of this Agreement. Such rate schedule or

superseding rate schedule(s) and any revisions thereof which shall be filed and become effective shall

apply to and be a part of this Agreement. MRT shall have the right to propose, file and make effective

with the Commission, or other body having jurisdiction, changes and revisions of any effective rate

schedule(s) and/or General Terms and Conditions, or to propose, file, and make effective superseding

rate schedules and/or General Terms and Conditions, for the purpose of changing the rates, charges, and

other provisions thereof effective as to Customer.