Alabama-Tennessee Natural Gas Company
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 09/01/1993, Docket: RS92- 27-003, Status: Effective
Original Sheet No. 186 Original Sheet No. 186 : Superseded
FORM OF SERVICE CONTRACT (FT-SG)
(Continued)
ARTICLE XIV
TERM
14.1 The term of this Contract shall commence __________ and shall
continue in full force and effect until __________ (the "Primary
Term"). Providing the Primary Term is one year or more and
Shipper is paying Transporter's Maximum FT-SG transportation
rate, then Shipper shall have a one-time, unilateral right,
exercisable by written notice to Transporter at any time not
less than twelve months before the end of the Primary Term, to
extend the term of this Contract for a period of not less than
one (1) year, nor more than fifteen (15) years which shall begin
on the first day immediately following the expiration of the
Primary Term and shall end on the date specified by Shipper in
such notice ("the Rollover Term"). Providing Shipper is paying
Transporter's Maximum FT-SG transportation rate, the term of
this Contract shall continue after the Primary Term or the
Rollover Term, as the case may be, for successive periods of one
(1) year each (the "Renewal Terms"), unless terminated as of the
end of any such Primary Term, Rollover Term or Renewal Term by
written notice given by either party to the other not less than
twelve (12) months prior to the end of any such term; provided;
however, that no such notice shall have the effect of
terminating this Contract at the end of the Primary Term if
Buyer has given notice extending the term of this Contract for
a Rollover Term. If the FERC or other governmental body having
jurisdiction over the service rendered pursuant to the Contract
authorizes abandonment of such service, this Contract shall
terminate on the abandonment date permitted by the FERC or such
other governmental body.
14.2 Any portions of this Contract necessary to correct or cash-out
imbalances under this Contract as required by the General Terms
and Conditions of Transporter's FERC Gas Tariff, shall survive
the other parts of this Contract until such time as such
balancing has been accomplished.
14.3 This Contract will terminate automatically in the event Shipper
fails to pay all of the amount of any bill for service rendered
by Transporter hereunder in accord with the terms and conditions
of Section 6 of the General Terms and Conditions of
Transporter's FERC Gas Tariff.