Texas Eastern Transmission, L P

Seventh Revised Volume No. 1

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Effective Date: 11/01/2009, Docket: RP99-480-025, Status: Effective

Original Sheet No. 121E Original Sheet No. 121E

 

STATEMENT OF NEGOTIATED RATES 1/ 2/ 3/

 

Customer Name: Merrill Lynch Commodities, Inc.

 

Service Agreement: 910689 (continued)

 

1/ This Agreement does not deviate in any material respect from the

applicable form of service agreement contained in Pipeline's Tariff.

 

2/ This negotiated rate shall apply only to service under Contract No.

910689, up to Customer's specified MDQ, in the manner set forth herein. If

Customer changes its primary points listed above pursuant to the provisions

of Pipeline's FERC Gas Tariff, this negotiated rate shall terminate and

Pipeline's maximum recourse rates referenced above shall apply for the

remaining term of the Service Agreement, unless and until otherwise agreed in

writing between Customer and Pipeline; provided, further that following the

term of this negotiated rate as such term is described above, Pipeline's

maximum recourse rates referenced above shall apply for any remaining term

under the Service Agreement.

 

3/ If Texas Eastern and any other customer execute a firm service agreement

as part of the Northern Bridge Open Season, which service agreement (i) has a

term of ten (10) years or less, (ii) uses capacity certificated by the

Commission as part of the Project (as such term is defined in the Precedent

Agreement between Texas Eastern and Customer) with a Primary Point of

Delivery at the discharge side of the Delmont compressor station, (iii) has

an MDQ that is equal to or less than the MDQ under the Service Agreement, and

(iv) is subject to a negotiated rate per Dth per day that is less than the

rate for service under the Service Agreement with the maximum system fuel

percentage capped at a lower Applicable Shrinkage Percentage(s), Texas

Eastern shall offer Customer the option, to be exercised, if ever, within

thirty (30) days of such offer, to receive service under the Service

Agreement pursuant to such lower rate.