Midcoast Interstate Transmission, Inc.

Second Revised Volume No. 1

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Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective

First Revised Sheet No. 33 First Revised Sheet No. 33 : Effective

Superseding: ORIGINAL SHEET NO. 33

RATE SCHEDULE FT-SG (continued)

 

worthiness or has become insolvent. For purposes

herein, the insolvency of a Shipper shall be

evidenced by the filing by Shipper or any parent

entity thereof (hereinafter collectively referred to

as "The Shipper") of a voluntary petition in

bankruptcy or the entry of a decree or order by a

court having jurisdiction in the premises adjudging

The Shipper bankrupt or insolvent. Insolvent, for

purposes herein, shall also include approval by any

such court of a petition seeking reorganization,

arrangement, adjustment or composition of or in

respect of The Shipper under the Federal Bankruptcy

Act or any other applicable federal or state law, or

appointing a receiver, liquidator, assignee, trustee,

sequestrator (or other similar official) of The

Shipper or of any substantial part of its property, or

the ordering of the winding-up or liquidation of its

affairs with said order or decree continuing unstayed

and in effect for a period of sixty (60) consecutive

days.

 

3.3 (a) An FT-SG Contract shall be executed by Shipper and

Transporter following Transporter's acceptance in

writing of Shipper's request for service. In the

event the FT-SG Contract is not executed and returned

by Shipper within thirty days after Transporter

tenders the FT-SG Contract, Transporter shall

consider the request for service invalid.

 

(b) If the gas to be transported is not for Shipper's

system supply, or its ultimate end use, then on or

before the date the FT-SG Contract is executed

Shipper shall (i) identify the name of the corporate

entity or entities which will ultimately receive the

gas to be transported and (ii) provide verification

that the identified ultimate recipients have executed

sales contracts related to the transportation

services to be provided under the FT-SG Contract.

 

4. DELIVERY AND RECEIPT POINTS; PRESSURE; UNIFORM QUANTITIES

 

4.1 Receipt Points: The Primary Receipt Point(s) for all gas

transported by Transporter under this Rate Schedule shall