Midcoast Interstate Transmission, Inc.
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective
First Revised Sheet No. 231 First Revised Sheet No. 231 : Effective
Superseding: ORIGINAL SHEET NO. 231
OPERATIONAL BALANCING AGREEMENT (continued)
(For Use at Points of Delivery)
adverse claims of any or all persons to said gas or to
royalties, overriding royalties, taxes, or other charges
thereon or with regard to the allocation of gas hereunder.
The OBA Party represents and warrants to Transporter that all
requisite authorizations, if any, have been obtained as to any
gas which the OBA Party delivers or causes to be delivered
4.2 Governing Bodies - This Agreement shall be subject to all
applicable laws, Federal or State, and to all applicable rules
and regulations of any duly authorized Federal, State or other
government agency having jurisdiction.
4.3 Waivers - No waiver by either party of any one or more
defaults by the other in the performance of this Agreement
shall operate or be construed as a waiver of any future
default or defaults, whether of a like or of different
4.4 Billings and Payments - Transporter shall bill and the OBA
Party shall pay for the correction of Operational Imbalances
in cash in accordance with Article 5 of the General Terms and
Conditions specified in Transporter's FERC Gas Tariff.
4.5 Incorporation of Tariff - Unless otherwise stated herein, The
General Terms and Conditions specified in Transporter's FERC
Gas Tariff are incorporated as part of this Agreement.
4.6 Notices - Except as otherwise provided in the General Terms
and Conditions applicable to this Agreement, any notice under
this Agreement shall be in writing and sent by facsimile or
mailed to the post office address of the party intended to
receive the same, as follows: