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.