GENERAL TERMS AND CONDITIONS

(continued)


 


 

20. TERMINATION FOR DEFAULT


 

20.1 If either Pipeline or Shipper shall fail to perform any of the

covenants or obligations imposed upon it or them under and by virtue

of a Service Agreement, then in such event the other party may at

its option terminate such agreement by proceeding as follows: The

party not in default shall cause a written notice to be served on

the party in default stating specifically the cause for terminating

the agreement and declaring it to be the intention of the party

giving the notice to terminate the same; thereupon the party in

default shall have twenty (20) days after the service of the

aforesaid notice in which to remedy or remove the cause or causes

stated in the notice for terminating the agreement, and if within

said period of twenty (20) days the party in default does so remove

and remedy said cause or causes and fully indemnify the party not in

default for any and all consequences of such breach, by a good and

sufficient indemnify bond or otherwise, then such notice shall be

withdrawn and the agreement shall continue in full force and effect.

In case the party in default does not so remedy and remove the cause

or causes or does not so indemnify the party giving the notice for

any and all consequences of such breach, within 10 days after the

end of such twenty (20) day period, then Pipeline may suspend

service except in the case of Shipper's failure to pay in which case

Pipeline's suspension of service will be governed by GT&Cs Section

19.5. After any necessary authorization by regulatory bodies having

jurisdiction, the Service Agreement shall become null and void from

and after the expiration of said period, provided the notice of

termination has not been withdrawn prior thereto. Any cancellation