Second Revised Volume No. 1
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Effective Date: 06/13/2008, Docket: RP08-376-000, Status: Effective
Original Sheet No. 34 Original Sheet No. 34 RATE SCHEDULE FTS-1 Firm Transportation Service (Continued)8. TERM OF AGREEMENT The FTS-1 Agreement must be executed by Shipper prior tocommencement of service. Shipper is permitted to combine multiple FTS-1Agreements into a single FTS-1 Agreement, subject to MIGC's approval whichshall not be unreasonably withheld or granted in an unduly discriminatorymanner. MIGC and Shipper may agree to different termination dates forspecified volumes within the same FTS-1 Agreement on a not undulydiscriminatory basis. A. FTS-1 AGREEMENTS AND ROLLOVER OF FTS-1 AGREEMENTS 1. FTS-1 Agreements with a term of five (5) years or more shall haveunilateral rollover rights pursuant to which all or a portion of its capacityunder the FTS-1 Agreement may be rolled over for a term which equals theinitial FTS-1 Agreement term at maximum rates. However, should the FTS-1Shipper request to roll the FTS-1 Agreement over for a term which equals theinitial FTS-1 Agreement term but at less than maximum rates, pregrantedabandonment can be avoided only by a match under the Right of First Refusalprocess as provided in paragraph B. herein. Further, should the FTS-1 Shipperrequest to roll the FTS-1 Agreement over for less than the original term,either at maximum rates or less than maximum rates, pregranted abandonment canbe avoided only by a match under the Right of First Refusal process asprovided in paragraph B. herein. In any event, if the FTS-1 Shipper requestsa continuation of service for less than one (1) year, the FTS-1 Agreementwill not have unilateral rollover right at the end of said term. 2. FTS-1 Agreements with a term of at least one (1) year, up to but notincluding five (5) years shall have a Right of First Refusal as provided inparagraph B. herein. A one (1) year FTS-1 Agreement (365 days) will beeligible for the Right of First Refusal process. 3. FTS-1 Agreements with a term up to, but not including, one (1) yearshall have no rollover rights and no ability to utilize the right of FirstRefusal process. The service will be automatically abandoned upon expirationof the term. B. RIGHT OF FIRST REFUSAL In order to avoid pregranted abandonment at the end of the contract term,certain FTS-1 Shippers may exercise the Right of First Refusal process. Thecontract term includes the primary term, plus any currently existingunilateral rollover rights.