Tennessee Gas Pipeline Company
FIFTH REVISED VOLUME NO. 1
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Effective Date: 05/01/2004, Docket: RP04-233-003, Status: Effective
2nd Sub First Revised Sheet No. 339C 2nd Sub First Revised Sheet No. 339C : Effective
GENERAL TERMS AND CONDITIONS (continued)
(p) Upon thirty days written notice to Releasing Shipper and
Replacement Shipper that Releasing Shipper's contract will be
terminated, and provided that Releasing Shipper's contract is
subsequently terminated pursuant to such notice, Transporter may
elect to terminate Replacement Shipper's Agreement if (1) the rate
stated in the effective Replacement Shipper's Agreement is less
than the maximum Reservation Rate and Commodity Rate for the
contracted for Service and (2) the Replacement Shipper has not,
prior to the expiration of the notice period, executed an amendment
to such Replacement Shipper's Agreement, agreeing to pay, beginning
the first day after the end of the notice period and for the
remainder of the term of the Replacement Shipper's Agreement, the
lesser of (a) the Releasing Shipper's contract rate (b) the maximum
tariff rate for the service, or (c) a mutually agreed upon rate.