Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 08/01/1995, Docket: RP95-112-009, Status: Effective

Second Sub Original Sheet No. 363A Second Sub Original Sheet No. 363A : Effective

 

 

 

GENERAL TERMS AND CONDITIONS (continued)

 

 

4. Termination of contracts: If either Transporter or Shipper shall fail to

perform a material covenant or obligation imposed upon it by the gas sales,

transportation, or storage contract, subject to the applicable provisions of

this FERC Gas tariff, then in such event the other party may at its option

terminate said contract by proceeding as follows: the party not in default

shall cause a written notice to be served on the party in default stating

specifically the cause for terminating the contract and declaring it to be

the intention of the party giving the notice to terminate the same; thereupon

the party in default shall have thirty days after the service of the

aforesaid notice in which to remedy or remove the cause or causes stated in

the notice for terminating the contract, and if within said period of thirty

days the party in default does so remove and remedy said cause or causes and

fully indemnifies the party not in default for any and all consequences of

such breach, then such notice shall be withdrawn and the contract shall

continue in full force and effect. In case the party in default