Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

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Effective Date: 09/22/2004, Docket: RP04-478-000, Status: Effective

Original Sheet No. 300B Original Sheet No. 300B : Effective

 

GENERAL TERMS AND CONDITIONS

(continued)

 

24. NEGOTIATED RATES (continued)

 

24.9 Effect of Negotiated Rate

 

Customer, by agreeing to a negotiated rate, acknowledges that the

otherwise generally applicable maximum recourse rate(s) shall not

apply or be available to Customer for service under the applicable

Service Agreement during the period for which the negotiated rate

is effective, notwithstanding any adjustment to such generally

applicable maximum recourse rate(s) which may become effective

during the period for which the negotiated rate is effective. If,

at any time during the period for which the negotiated rate is

effective, Pipeline is collecting its effective maximum recourse

rate(s) subject to refund under Section 4 of the Natural Gas Act,

Pipeline shall have no refund obligation to Customer even if the

final maximum recourse rate(s) are reduced to a level below the

negotiated rate. Customer's right to receive credits relating to

Pipeline's penalty revenue or other similar revenue, if any,

applicable to service on Pipeline's system shall be governed by

Pipeline's Tariff and any applicable Commission orders and/or

regulations.