Panhandle Eastern Pipe Line Company

First Revised Volume No. 1

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Effective Date: 02/01/2002, Docket: RP00-395-003, Status: Effective

Second Revised Sheet No. 641 Second Revised Sheet No. 641 : Superseded

Superseding: First Revised Sheet No. 641

RATE SCHEDULE TBS (Continued)

TRANSPORTATION BALANCING SERVICE

FORM OF SERVICE AGREEMENT

 

 

 

1.2 All of the activity pursuant to the Storage Agreement to

be effected by Panhandle for balancing purposes hereunder shall be

subject to Shipper's; Stored Volume, available Maximum Stored

Quantity, MDIQ and MDWQ. This agreement does not supersede any of

the provisions of the designated Transportation Agreements or the

Rate Schedules and General Terms and Conditions of Panhandle's Tariff

with respect to balancing. In the event that imbalances or overruns

occur due to insufficient confirmed receipts, insufficient IOS Stored

Volume, insufficient available storage capacity or any other reason,

the balancing and/or Overrun Charges and Unauthorized Overrun

Penalties set out in the underlying agreements and the General Terms

and Conditions shall be applicable and shall be paid by Shippers

under the designated Transportation Agreements.

 

 

ARTICLE 2

TERM

 

A. This Agreement shall be effective from the date first stated

above. Panhandle shall provide transportation balancing service for

Shipper pursuant to this Agreement from _______________ until the

earlier of; the first Day of the Month following six months after

notification of cancellation in writing from Shipper to Panhandle, or

the date the Storage Agreement expires or is terminated.

 

B. Notwithstanding the above provisions of this Article 2,

Panhandle shall have the right to terminate service hereunder,

pursuant to any effective provisions for termination of this

Agreement or of the underlying Service Agreement by Panhandle as

stated in Rate Schedule IOS or FS, as applicable, or the General

Terms and Conditions.