Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
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Effective Date: 01/21/2008, Docket: RP08- 41-001, Status: Effective
Second Revised Sheet No. 108 Second Revised Sheet No. 108 : Pending
Superseding: First Sheet No. 108
29. PREGRANTED ABANDONMENT & THE RIGHT OF FIRST REFUSAL
29.1 Purpose. This Section 29 sets forth the specific
terms and conditions applicable to Transporter’s pregranted
abandonment authority, the termination of Transporter's
obligations under certain Gas Transportation Contracts and
Shippers right of first refusal as provided by
Order Nos. 636 et al., 637 et al., and the various orders
in Docket No. RM98-10.
29.2 Applicability. This Section 29 applies to Gas
Transportation Contracts executed between Transporter and any
Shipper pursuant to Part 284, 18 C.F.R. Part 284, open access
ITS or RTS Rate Schedules, where the Gas Transportation Contract
terminates by its terms, is extended by mutual agreement between
Transporter and Shipper, or is terminated by Transporter
pursuant to the terms of the Gas Transportation Contract.
Additionally, this section applies to Gas Transportation
Contracts which provide a Shipper with discretion to exercise a
Right of First Refusal consistent with Section 29.6.
29.3 Definitions. For purposes of this Section 29, the
following definitions will apply:
(a) Short-Term Gas Transportation Contract for Firm
Reserved Service. The term Short-Term Gas Transportation
Contract for Firm Reserved Service shall mean any Gas
Transportation Contract for Firm Reserved Service having a
primary term of less than one year
(b) Long-Term Gas Transportation Contract for Firm
Reserved Service. The term Long-Term Gas Transportation Contract
for Firm Reserved Service shall mean any Gas Transportation
Contract for Firm Reserved Service having a primary term of one
year or more.
(c) Existing Shipper. The term Existing Shipper
shall mean the Shipper for which Transporter provides service
under any executed Gas Transportation Contract subject to this
Section 29 and which either pre-qualifies for creditworthiness
under Section 3 of these General Terms and Conditions or
satisfies the provisions of Transporter's FERC Gas Tariff
applicable to the credit evaluations set forth in Section 3 of
these General Terms and Conditions.