Mississippi Canyon Gas Pipeline, LLC
First Revised Volume No. 1
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Effective Date: 12/20/1998, Docket: CP96-159-006, Status: Effective
Original Sheet No.255 Original Sheet No.255 : Effective
FT-2 TRANSPORTATION SERVICE AGREEMENT (cont'd)
11.2 Transporter shall not be obligated to provide or continue service
hereunder in the event of any breach of warranty.
ARTICLE XII
TERM
12.1 This Agreement shall be effective _____________, ______, and
shall remain in force and effect for the economic life of the
Committed Field(s).
[For Shippers committing Ursa Field only:]
Prior to the above date, Shipper may terminate this Agreement on 30
days' prior written notice to Transporter in the event no plan of
development is approved for Ursa Field or in the event Shipper does
not consent to the approved plan of development for Ursa Field. Ursa
Field is comprised of the following OCS Blocks: Nos. 808, 809, 810,
852, 853 & 854.
12.2 Any portion of this Agreement necessary to resolve or cash-out
imbalances under this Agreement as required by the General Terms and
Conditions of Transporter's FERC Gas Tariff shall survive the other
parts of this Agreement until such time as such balancing has been
accomplished; provided, however, that Transporter notifies Shipper of
such imbalance no later than twelve months after the termination of
this Agreement.
12.3 This Agreement shall be subject to termination upon written notice
from Transporter in the event Shipper fails to pay the amount of any
bill for service rendered by Transporter hereunder in accordance with
Section 14 of the General Terms and Conditions of Transporter's FERC
Gas Tariff.
12.4 The indemnification provisions and payment obligations hereof shall
survive such termination relative to all losses, deaths, injuries,
claims, billings, liens, demands and causes of action of every kind
and character, discovered or undiscovered, arising out of, or in
connection with, or as an incident to this Agreement.