Texas Eastern Transmission Corporation
Sixth Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 06/01/1993, Docket: RS92- 11-009, Status: Effective
Original Sheet No. 791 Original Sheet No. 791 : Effective
FORM OF SERVICE AGREEMENT
FOR RATE SCHEDULE MBA
This Service Agreement, made and entered into this day of
_________, ____, by and between TEXAS EASTERN TRANSMISSION CORPORATION, a
Delaware Corporation, herein called ("Pipeline"), and __________ herein
called ("MBA Party"), whether one or more,
W I T N E S S E T H:
WHEREAS,
NOW, THEREFORE, in consideration of the premises and of the mutual
covenants and agreements herein contained, the parties do covenant and
agree as follows:
ARTICLE I
SCOPE OF AGREEMENT
Subject to the terms, conditions and limitations hereof and of
Pipeline's Rate Schedule MBA, Pipeline and the MBA Party has agreed that
the MBA Party, with the written consent, as set forth in Exhibit A, of the
relevant third parties, has assumed the primary responsibility of resolving
the daily and monthly imbalances of such third parties at Point(s) of
Delivery under the transportation and storage contracts between Pipeline
and such third parties, as set forth in Exhibit A, as amended from time to
time. Exhibit A is hereby incorporated as a part of this Service Agreement
for all intents and purposes as if fully copied and set forth herein at
length.
ARTICLE II
TERM OF AGREEMENT
The term of this Service Agreement shall commence on ________ and
shall continue in force and effect until ________ and _________ to
_________ thereafter unless this Service Agreement is terminated as
hereinafter provided. This Service Agreement may be terminated by either
Pipeline or MBA Party upon __________ prior written notice to the other
specifying a termination date of any ______________ occurring on or after
the expiration of the primary term. In addition to Pipeline rights under
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 MBA Party 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 MBA Party of such termination and provided further such
termination shall not be effective if, prior to the date of termination,
MBA Party either pays such outstanding bill or furnishes a good and
sufficient surety bond guaranteeing payment to Pipeline of such outstanding
bill.