Midcoast Interstate Transmission, Inc.

Second Revised Volume No. 1

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

Second Revised Sheet No. 223 Second Revised Sheet No. 223 : Effective

Superseding: FIRST REVISED SHEET NO. 223

FORM OF THREE-PARTY CONTRACT RELATING TO

RELEASED TRANSPORTATION SERVICE (continued)

 

2.3 In the event Replacement Shipper fails to meet

Transporter's creditworthiness standards as set forth in

Rate Schedule FT, Releasing Shipper agrees to remain

directly liable for all rates, charges and surcharges

associated with the released capacity.

 

ARTICLE III

TERM

 

This Contract shall become effective on the date first written

above and shall remain in force and effect until the later of (1)

termination by each of the Parties upon thirty (30) days prior

written notice to the other Parties hereto, and (2) all amounts due

Transporter arising under the Released Transportation Service

Contract No. __ have been paid to Transporter.

 

 

ARTICLE IV

NOTICES

 

Notices given under this Contract shall be given in accordance

with Section 12 of the General Terms and Conditions of

Transporter's Tariff. If notice is given in writing it should be

mailed, or if sent by facsimile, as follows:

 

If to Transporter:

Midcoast Interstate Transmission,Inc.

P.O. Box 3869

Muscle Shoals, Alabama 35662

Attention: Transportation Services

Facsimile: 205-381-2858

 

If to Replacement Shipper: