Portland Natural Gas Transmission System

Second Revised Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-885-000, Status: Effective

First Revised Sheet No. 546 First Revised Sheet No. 546

Superseding: Original Sheet No. 546

 

PARK AND LOAN SERVICE CONTRACT

 

This Park and Loan Contract ("Contract") is made as of the [date] Day of

[month], [year] by and between the Portland Natural Gas Transmission System, a

Maine general partnership, herein "Transporter" and [name of Shipper] a

[state] [entity], herein "Shipper," pursuant to the following recitals and

representations:

 

WHEREAS, Shipper has entered into Gas supply arrangements, including

transportation upstream of Transporter's System, and will make arrangements

for the delivery of such gas supply for the account of Shipper to the receipt

point(s), and to make arrangements for the receipt and transportation of such

gas downstream of the delivery point(s) on Transporter's System; and

 

WHEREAS, Transporter and Shipper desire to establish the terms and

conditions under which Transporter will render park and loan service to

Shipper by entering into this Park and Loan Service Contract;

 

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 Shippers Account and, upon scheduling, return 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 Loan Quantity

at the Loan Point(s) and (ii) upon scheduling, Shipper shall cause any Loan

Quantities to be returned at the Loan Point(s).

 

3. Pursuant to this Park and Loan Service Contract, Rate Schedule PAL

and the General Terms and Conditions, Shipper shall use Transporter's

Interactive Internet Website to nominate each individual park and loan

transaction.