Tennessee Gas Pipeline Company
FIFTH REVISED VOLUME NO. 1
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Effective Date: 09/03/2005, Docket: RP05-534-000, Status: Effective
Third Revised Sheet No. 550 Third Revised Sheet No. 550 : Effective
Superseding: Second Revised Sheet No. 550
GAS TRANSPORTATION AGREEMENT (continued)
(For Use Under FT-GS Rate Schedule)
ARTICLE XII
TERM
12.1 This Contract shall be effective as of __________________, _____ , and shall
remain in force and effect, unless modified as per Exhibit B, until ___________,
______ ("Primary Term") and on a month to month basis thereafter unless
terminated by either Party upon at least thirty (30) days prior written notice
to the other Party; provided, however, that if the Primary Term is less than one
year, then notice of termination may be provided via PASSKEY; provided further,
that if the Primary Term is one year or more, then any rights to Shipper's
extension of this Agreement after the Primary Term shall be governed by Article
III, Section 10.4 of the General Terms and Conditions of Transporter's FERC Gas
Tariff; and provided further, that if the FERC or other governmental body having
jurisdiction over the service rendered pursuant to this Agreement authorizes
abandonment of such service, this Agreement shall terminate on the abandonment
date permitted by the FERC or such other governmental body.
12.2 Any portions of this Agreement necessary to correct or cash-out imbalances under
this Agreement as required by the General Terms and Conditions of Transporter's
FERC Gas Tariff Volume No. 1, 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 will terminate automatically upon written notice from Transporter
in the event Shipper fails to pay all of the amount of any bill for service
rendered by Transporter hereunder in accord with the terms and conditions of
Article VI of the General Terms and Conditions of Transporter's FERC Tariff.