Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 12/01/1999, Docket: RP99-500-000, Status: Effective
Original Sheet No. 461 Original Sheet No. 461 : Effective
FORM OF SERVICE AGREEMENT FOR
CAPACITY RELEASE UMBRELLA AGREEMENT UNDER
RATE SCHEDULES MN365, MN151, MN90, MNOP AND MNLFT
Upon the finalization of an Addendum, subject to the terms,
conditions and limitations hereof and of Pipeline's Rate Schedules MN365,
MN151, MN90 MNOP and/or MNLFT, as applicable, Pipeline agrees to provide
the applicable released service for Replacement Customer under the
applicable rate schedule, provided however, the Replacement Customer
qualified under the financial evaluation and credit appraisal
requirements set forth in Section 3 of Pipeline's GT&C at the time it
submitted the bid Pipeline accepted with respect to such release.
Replacement Customer hereby agrees to promptly provide any
information necessary for Pipeline to reevaluate Pipeline's credit
appraisal as contemplated by Section 3 of Pipeline's GT&C and to advise
Pipeline of any material change in the information previously provided by
the Replacement Customer to Pipeline.
TERM OF AGREEMENT
The term of this Agreement shall commence on _______________ and
shall continue in force and effect until _________________ and
_______________ to ____________________ thereafter unless this Umbrella
Service Agreement is terminated as hereinafter provided. If Pipeline
determines at anytime that Replacement Customer fails to meet the
financial standards or credit criteria of Section 3 of the GT&C, Pipeline
may terminate this agreement and all Addenda attached hereto
prospectively in accordance with Section 3 of the GT&C.