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