Granite State Gas Transmission, Inc.
Third Revised Volume No. 1
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Effective Date: 05/07/2020, Docket: RS93- 1-001, Status: Accepted
Original Sheet No. 407 Original Sheet No. 407 : Effective
GAS TRANSPORTATION CONTRACT
(For Use Under FT-1 Rate Schedule)
12.1 This Contract shall become effective as of _______
_____________, 19___ and shall remain in force and effect
until ___________________________, ________ and from
_________________ to _________________1/ thereafter, unless
cancelled by either Party upon one year's written notice;
provided however, if the term of the Contract is less than one
year, either party may terminate this Contract by providing
written notice of its election at the commencement of the
primary term or any secondary term of this Contract. To the
extent pregranted abandonment authorization under the FERC's
regulations applies, Granite State will seek abandonment
authorization from the FERC prior to exercising its unilateral
right to terminate the Contract following the expiration of
the primary term.2/
12.2 Any portion of this Contract necessary to correct or cashout
imbalances under this Contract as required by the General
Terms and Conditions of Granite State's FERC Gas Tariff, shall
survive the other parts of this Contract until such time as
such balancing has been accomplished.
1/ The evergreen period shall be the lesser of the original term
of the Contract, or one year.
2/ Applicable to agreements with deliveries at a Customer's
traditional delivery points under its firm sales service,
which have a primary term equal or greater than one year.