Agenda Item 3: Party calling force Typical Primary GTA Operational Transfer Agreement Capacity Trading Agreement majeure Pipeline Operator Primary Shipper Pipeline Operator Secondary Shipper Primary Shipper Secondary Shipper Pipeline Operator Calling force Continue to pay Calling force Continue to pay fees If terminates Continue to pay. majeure 100% under existing majeure and charges as primary GTA will Terminate after 12 standard applicable. need to terminate months. agreements, some Option to terminate this agreement too. shippers may have after 12 months negotiated reduced payment for a reduced service. Option to terminate after 12 months Primary Shipper Continues to be Calling force Contract remains on Continue to pay fees Calling majeure Terminate 12 paid 100% under majeure foot. and charges as months with option existing standard applicable. to sue the primary agreements, some shipper for shippers may have damages. negotiated reduced payment for a reduced service. Option to terminate after 12 months. Secondary Shipper No impact No impact N/A - Remains on Unable to call force N/A - Remains on Unable to call force foot majeure foot majeure
Agenda Item 3: Party calling force majeure Typical Primary GTA Operational Transfer Agreement Capacity Trading Agreement Pipeline Operator Primary Shipper Pipeline Operator Secondary Shipper Primary Shipper Secondary Shipper Pipeline Operator Calling force majeure Continue to pay 100% under existing standard agreements, some shippers may have negotiated reduced payment for a reduced service. Option to terminate after 12 months Calling force majeure Continue to pay fees and charges as applicable. Option to terminate after 12 months If terminates primary GTA will need to terminate this agreement too. Continue to pay. Terminate after 12 months. Primary Shipper Continues to be paid 100% under existing standard agreements, some shippers may have negotiated reduced payment for a reduced service. Option to terminate after 12 months. Calling force majeure Contract remains on foot. Continue to pay fees and charges as applicable. Calling majeure Terminate 12 months with option to sue the primary shipper for damages. Secondary Shipper No impact No impact N/A - Remains on foot Unable to call force majeure N/A - Remains on foot Unable to call force majeure
20170509%20gmrg%20standardisation%20pt%20-%20minutes%206.docx