Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-418-000, Status: Effective

Original Sheet No. 9K Original Sheet No. 9K

 

STATEMENT OF NEGOTIATED RATES

 

7/ Refund Obligations: If, at any time and from time to time during the term of this Agreement,

Pipeline is collecting its effective maximum recourse rates subject to refund under Section 4

of the NGA, Pipeline shall have no refund obligation to Customer even if the final maximum

recourse rates are reduced to a level below the Negotiated Rates set forth herein.

Customer's right to receive credits relating to Pipeline's penalty revenue or other similar

revenue, if any, applicable to transportation service on Pipeline's system shall be governed

by Pipeline's Tariff and any applicable FERC orders and/or regulations.

 

8/ Pipeline's Tariff: The Parties acknowledge and agree that all terms and conditions of

Pipeline's Tariff, as effective from time to time, including provisions for filing of changes

in Pipeline's Tariff, are applicable to this Agreement. In the event of a conflict between

this Agreement and Pipeline's Tariff, Pipeline's Tariff shall control.

 

9/ Regulatory Approval: Pipeline shall make a filing with the FERC for approval to implement

the Negotiated Rates set forth herein pursuant to the NGA, the FERC's regulations promulgated

under the NGA, and the FERC's Statement of Policy Alternatives to Traditional Cost of Service

Ratemaking for Natural Gas Pipelines and Regulation of Negotiated Transportation Service of

Natural Gas Pipelines issued January 31, 1996, in Docket Nos. RM95-6-000 and RM96-7-000.

This Agreement and the Negotiated Rates set forth herein shall not apply to service under the

Service Agreement unless and until the FERC approves such filing without condition and/or

modification unacceptable to either Customer or Pipeline.

 

10/Interpretation: All transportation rates and other dollar amounts set forth in this

Agreement are stated in United States dollars.

 

11/Firm Delivery Points are the Tennessee Interconnect at Dracut, Massachusetts, and the

Algonquin Interconnect at Beverly, Massachusetts.

 

12/This Agreement does not deviate in any material respect from the applicable form of service

agreement contained in Pipeline's Tariff.