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.