Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective

Original Sheet No. 617 Original Sheet No. 617 : Pending

 

[FOR RATE SCHEDULE PALS]

Contract No. ......

 

NATURAL GAS PIPELINE COMPANY OF AMERICA LLC (NATURAL)

PARK AND LOAN SERVICE AGREEMENT .......... DATED ..........

UNDER SUBPART .......... OF PART 284 OF THE FERC'S REGULATIONS

 

 

1. SHIPPER is: ............................................., a ...................................

 

2. Maximum Aggregate Quantity (Dth) ......................... (On any day, the total of all MAQ ROs

can never exceed this quantity.)

 

3. Daily Quantity, Receipt and Delivery Point: As set forth in the applicable PALS RO.

 

4. TERM: ............. through ............. and month to month thereafter until terminated by prior

written notice by either party. Termination shall not discharge any obligations accrued hereunder.

 

5. Service will be ON BEHALF OF: ...... Shipper or

...... Other: ..................................................................................

 

6. SHIPPER'S ADDRESSES NATURAL'S ADDRESSES

 

.............................................. ..............................................

.............................................. ..............................................

.............................................. ..............................................

 

7. ...... This Agreement supersedes and cancels a ........ Agreement dated ........................

...... Other: ..................................................................................

 

8. PALS Request Order: The form of the PALS RO attached hereto or such other mutually agreeable form,

when executed by the parties shall evidence their agreement as to the terms of the particular

transaction for the Park and Loan Service pursuant to this Agreement, including the quantity, rate,

Receipt and Delivery Points for parking and lending and the term.

 

9. PARK AND LOAN QUANTITY:

 

(i) Park Service: shall consist of Natural's receipt of a quantity of natural gas at the

designated Receipt Point(s) on the designated date, requested by Shipper under a PALS RO and

approved by Natural, Natural's holding of such parked quantity of gas for Shipper's account

and Natural's redelivery of the parked quantity of gas to Shipper at the designated Delivery

Point(s) and on the designated date(s) set forth in such PALS RO.

 

(ii) Loan Service: shall consist of Natural lending a specified quantity of natural gas,

requested by Shipper and approved by Natural, from designated Delivery Point(s) set forth in

Shipper's PALS RO and the Shipper's redelivery of and Natural's acceptance of such volumes

for Shipper's account at the designated Receipt Point(s) on the designated date(s) set forth

in such PALS RO.

 

10. RATES: Except as otherwise provided below or in any written agreement(s) between the parties in

effect during the term hereof, Shipper shall pay Natural the applicable maximum rate(s) and all

other lawful charges as specified in Natural's applicable rate schedule. Shipper and Natural may

agree that Shipper shall pay a rate other than the applicable maximum rate so long as such rate

is between the applicable maximum and minimum rates specified for such service in the Tariff.

Natural and Shipper may agree that a specific discounted rate will apply only to certain volumes

under the agreement. The parties may agree that a specified discounted rate will apply only to

specified volumes (MDQ, MAQ or commodity volumes) under the agreement; that a specified

discounted rate will apply only if specified volumes are achieved or the volumes do not exceed a

specified level; that a specified discounted rate will apply only during specified periods of

the year or for a specifically defined period; that a specified discounted rate will apply only

to specified points, zones or other defined geographical area(s); and/or that a specified

discounted rate(s) will apply in a specified relationship to the volumes actually tendered.

Notwithstanding the foregoing, no discount agreement may provide that an agreed discount as to a

certain volume level will be invalidated if the Shipper transports an incremental volume