Saltville Gas Storage Company L.L.C.
Original Volume No. 1
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Effective Date: 11/22/2004, Docket: CP04- 14-002, Status: Effective
Original Sheet No. 221 Original Sheet No. 221 : Effective
FORM OF SERVICE AGREEMENT FOR
CAPACITY RELEASE UMBRELLA AGREEMENT UNDER
RATE SCHEDULE FSS
This Umbrella Service Agreement, made and entered into this ____ day of
______________, by and between_________________________(herein called
"Replacement Customer"), and SALTVILLE GAS STORAGE COMPANY L.L.C., a
Virginia limited liability company (herein called "Saltville"),
W I T N E S S E T H:
WHEREAS,
NOW, THEREFORE, for and in consideration of the mutual covenants and
promises herein contained, the Replacement Customer and Saltville hereby
agree as follows:
ARTICLE I
SCOPE OF AGREEMENT
Subject to the terms, conditions and limitations hereof, so long as the
financial evaluation and credit appraisal requirements are met in order
for Replacement Customer to be on Saltville's approved bidder list for
capacity releases and execute this Umbrella Service Agreement pursuant
to Section 4 of Saltville's General Terms and Conditions, and this
Umbrella Service Agreement is effective, Replacement Customer may bid
from time to time on proposed capacity releases under Rate Schedule FSS
pursuant to the procedure set forth in Section 4 of Saltville's General
Terms and Conditions. If at any time a bid submitted by Replacement
Customer is accepted by Saltville with respect to a given capacity
release, Saltville will promptly finalize the appropriate Addendum to
this Umbrella Service Agreement, in the format attached hereto. The
parties agree that each Addendum is an integral part of this Umbrella
Service Agreement as if executed by the parties hereto and fully copied
and set forth herein at length and is binding on the parties hereto.
Upon finalization of such Addendum, Replacement Customer and Saltville
agree that Replacement Customer shall be considered for all purposes as
a Customer with respect to the released service.
Upon the finalization of an Addendum, subject to the terms, conditions
and limitations hereof and of Saltville's Rate Schedule FSS Saltville
agrees to provide the released service for Replacement Customer under
Rate Schedule FSS, provided however, the Replacement Customer qualified
under the financial evaluation and credit appraisal requirements set
forth in Section 3 of Saltville's General Terms and Conditions at the
time it submitted the bid Saltville accepted with respect to such
release.
Replacement Customer hereby agrees to promptly provide any information
necessary for Saltville to reevaluate Saltville's credit appraisal as
contemplated by Section 3 of Saltville's General Terms and Conditions
and to advise Saltville of any material change in the information
previously provided by the Replacement Customer to Saltville.