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.303 Original Sheet No.303 : Effective
FORM OF RESERVE COMMITMENT AGREEMENT
Section 2.5 - (cont'd)
such notification and immediately after the end of the
six (6) month period set forth above, Transporter will
release the Impacted Quantities from the obligations
under Section 2.1
3.1 Shipper may request that its production from the
Committed Field(s) be transported under Transporter's
Rate Schedules FT-1, FT-2 or IT-1, in accordance with
the provisions of the applicable Rate Schedule.
3.2 Transporter agrees to accept and process Shipper's
Requests for Service under Section 3.1 in accordance
with the provisions of the applicable Transporter's
Rate Schedules. Transporter does not guarantee
sufficient capacity to transport all of Shipper's
production from Committed Field(s). In the event of
insufficient capacity, Shipper's sole and exclusive
remedy shall be as specified in Sections 2.4 and 2.5
3.3 Transporter shall have no obligation to build or
install new facilities to provide transportation
service for production from Committed Field(s).
This Agreement shall be subject to all applicable and lawful
governmental statutes, orders, rules and regulations.
This Agreement shall be effective _____________,
______, and shall remain in force and effect for
the economic life of the Committed Field(s).