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Exhibit 10.10
Service Agreement Under Rate Schedule WSS
THIS AGREEMENT entered into this 1st day of August, 1991 by and between
TRANSCONTINENTAL GAS PIPE LINE CORPORATION, a Delaware corporation, hereinafter
referred to as "Seller", first party, and PIEDMONT NATURAL GAS COMPANY, a New
York corporation, hereinafter referred to as "Buyer", second party,
W I T N E S S E T H:
WHEREAS, Buyer is purchasing natural gas storage service from Seller under
Seller's Rate Schedule WSS as set forth herein:
NOW, THEREFORE, Seller and Buyer agree as follows:
ARTICLE I
SERVICE TO BE RENDERED
Subject to the terms and provisions of this agreement and of Seller's Rate
Schedule WSS, Seller agrees to receive from Buyer, quantities of natural gas
for the Base Gas and for storage, inject into storage for Buyer's account,
store, withdraw from storage (or cause to be injected into storage for Buyer's
account, stored, and withdrawn from storage) and deliver to Buyer, quantities
of natural gas as follows:
To withdraw from storage or cause to be withdrawn from
storage, the gas stored for Buyer's account up to a maximum quantity in
any day of 69,701 Mcf, which quantity shall be Buyer's Storage Demand
Quantity, or such greater or lesser daily quantity, as applicable from
time to time, pursuant to the terms and conditions of Seller's Rate
Schedule WSS.
To receive and store or cause to be stored up to a total
quantity at any one time of 5,924,550 Mcf, which quantity shall be Buyer's
Storage Capacity Quantity.
ARTICLE II
POINT OF DELIVERY
The Point or Points of Delivery for all natural gas delivered by Seller to
Buyer under this agreement shall be at or near:
Station 54
ARTICLE III
DELIVERY PRESSURE
Seller shall deliver natural gas to Buyer at the Point(s) of Delivery at a
pressure(s) of:
Not applicable.
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Service Agreement Under Rate Schedule WSS
(Continued)
ARTICLE IV
TERM OF AGREEMENT
This agreement shall be effective August 1, 1991 and shall remain in force
and effect for a period ending March 31, 1998.
ARTICLE V
RATE SCHEDULE AND PRICE
Buyer Shall pay Seller for natural gas service rendered hereunder in
accordance with Seller's Rate Schedule WSS, and the applicable provisions of
the General Terms and Conditions of Seller's FERC Gas Tariff as filed with the
Federal Energy Regulatory Commission, and as the same may be amended or
superseded from time to time at the initiative of either party. Such rate
schedule and General Terms and Conditions are by this reference made a part
hereof.
ARTICLE VI
MISCELLANEOUS
1. The subject headings of the Articles of this agreement are inserted
for the purpose of convenient reference and are not intended to be a part of
this agreement or to be considered in any interpretation of the same.
2. This agreement supersedes and cancels as of the effective date hereof
the following contracts between the parties hereto: WSS Service Agreement
dated August 6, 1981.
3. No waiver by either part of any one or more defaults by the other in
the performance of any provisions of this agreement shall operate or be
construed as a waiver of any future default or defaults, whether of a like or
different character.
4. This agreement shall be interpreted, performed and enforced in
accordance with the laws of the State of Texas.
5. This agreement shall be binding upon, and inure to the benefit of the
parties hereto and their respective successors and assigns.
IN WITNESS WHEREOF, the parties hereto have caused this agreement to be
signed by their respective Presidents or Vice Presidents thereunto duly
authorized and have caused their respective corporate seals to be hereunto
affixed and attested by their respective Secretaries or Assistant Secretaries
the day and year above written.
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Service Agreement Under Rate Schedule WSS
(Continued)
TRANSCONTINENTAL GAS PIPE LINE
ATTEST: CORPORATION
/s/ Xxxxx X. Xxxxxxxxx By:/s/ Xxxxxx X. Xxxxxx
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Assistant Secretary (Seller)
ATTEST: PIEDMONT NATURAL GAS COMPANY
/s/ X. X. Xxxxx By:/s/ Xxxx X. Xxxxxxxx
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Assistant Secretary (Buyer)
