Texas Eastern Transmission Corporation
Sixth Revised Volume No. 1
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Effective Date: 01/07/2001, Docket: RP01-182-000, Status: Effective
Second Revised Sheet No. 766J Second Revised Sheet No. 766J : Effective
Superseding: First Revised Sheet No. 766J
FORM OF SERVICE AGREEMENT
FOR RATE SCHEDULE VKFT
(Continued)
ARTICLE II
TERM OF AGREEMENT
The term of this Service Agreement shall commence on (4)_________________
and shall continue in force and effect until (5)________________________ and
(5)_______________________ to (5)______________________ thereafter unless this
Service Agreement is terminated as hereinafter provided. This Service
Agreement may be terminated by either Pipeline or Customer upon (6)__________
[at least one (1) year for new long-term service agreements executed on and
after June 1, 1999; mutually agreeable for short-term service agreements]
prior written notice to the other specifying a termination date of any
(6)___________ occurring on or after the expiration of the primary term.
Subject to Section 22 of Pipeline's General Terms and Conditions and without
prejudice to such rights, this Service Agreement may be terminated at any time
by Pipeline in the event Customer fails to pay part or all of the amount of
any bill for service hereunder and such failure continues for thirty (30) days
after payment is due; provided, Pipeline gives thirty (30) days prior written
notice to Customer of such termination and provided further such termination
shall not be effective if, prior to the date of termination, Customer either
pays such outstanding bill or furnishes a good and sufficient surety bond
guaranteeing payment to Pipeline of such outstanding bill.
THE TERMINATION OF THIS SERVICE AGREEMENT WITH A FIXED CONTRACT TERM OR
THE PROVISION OF A TERMINATION NOTICE BY CUSTOMER TRIGGERS PREGRANTED
ABANDONMENT UNDER SECTION 7 OF THE NATURAL GAS ACT AS OF THE EFFECTIVE DATE OF
THE TERMINATION. PROVISION OF A TERMINATION NOTICE BY PIPELINE ALSO TRIGGERS
CUSTOMER'S RIGHT OF FIRST REFUSAL UNDER SECTION 3.13 OF THE GENERAL TERMS AND
CONDITIONS ON THE EFFECTIVE DATE OF THE TERMINATION.
Any portions of this Service Agreement necessary to correct or cash-out
imbalances under this Service Agreement as required by the General Terms and
Conditions of Pipeline's FERC Gas Tariff, Volume No. 1, shall survive the
other parts of this Service Agreement until such time as such balancing has
been accomplished.