Common use of Future Projects Clause in Contracts

Future Projects. Customer will have the right to obtain any foundation or anchor shipper status available in the event of any future expansion project undertaken by Transporter. [Terms as set forth in that certain Firm Transportation Negotiated Rate Agreement between Pipeline and Customer dated ______________] Laclede Gas Company Attn: ▇▇. ▇▇▇▇▇ ▇▇▇▇▇ Vice President, Gas Supply ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Email: ▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Re: Firm Transportation Service Agreement Under Rate Schedule FTS Between Spire STL Pipeline LLC and Laclede Gas Company; Firm Transportation Negotiated Rate Agreement Ladies and Gentlemen: Spire STL Pipeline LLC (“Pipeline”) and Laclede Gas Company (“Customer”) are parties to that certain Precedent Agreement (“PA”), dated January 25, 2017, pursuant to which Pipeline has agreed to seek all necessary governmental authorizations to acquire, construct, own, operate, and maintain the Spire STL Pipeline Project, and, subject to certain conditions precedent, Pipeline and Customer have agreed to enter into a Firm Transportation Service Agreement (“FTS Agreement”) for the provision by pipeline of service to Customer, all on the terms and conditions specified therein. By this letter agreement (“Firm Transportation Negotiated Rate Agreement” or “FTNRA”), Pipeline and Customer are implementing a negotiated rate applicable to service under the FTS Agreement. Pipeline and Customer hereby agree that the provisions on the attached Pro Forma Statement of Negotiated Rates reflects the terms of their agreement, including the effectiveness of the negotiated rate; provided, however, that the Negotiated Reservation Rate specified on the attached Statement will be subject to modification prior to the effectiveness of such negotiated rate in accordance with the terms of Section 4(b) of the PA. Assuming satisfaction or waiver of the conditions precedent in the PA and no early termination thereof, as well as Pipeline’s anticipated completion of construction and commencement of commercial operation of the Spire STL Pipeline Project, and in accordance with all applicable filing requirements of the Federal Energy Regulatory Commission (“Commission”), Pipeline will file for effectiveness a Statement of Negotiated Rates containing rate-related provisions identical to those provisions on the attached Pro Forma Statement of Negotiated Rates in accordance with Section 18 of the General Terms and Conditions of its FERC NGA Gas Tariff. Customer will have the right to participate in such Commission proceeding as provided in Section 5(b) of the PA. Such Statement of Negotiated Rates will, moreover, supersede and replace Appendix 2 of that certain FTS Agreement entered into by and between Pipeline and Customer in accordance with the terms of the PA. Notwithstanding the foregoing, Pipeline and Customer hereby acknowledge and agree to honor and effectuate the adjustments, if any, to the Negotiated Reservation Rate as set forth in Section 4(b) of the PA, in accordance with the terms thereof, and to amend and restate the Pro Forma Statement of Negotiated Rates attached to this FTNRA as necessary. Customer agrees that Pipeline will have the right to file with the Commission for effectiveness any such amended and restated Statement of Negotiated Rates, and Customer will have the right to participate in such Commission proceeding as provided in Section 5(b) of the PA. If the foregoing accurately sets forth your understanding of the matter covered herein, please so indicate by having a duly authorized representative sign in the space provided below and returning an original signed copy to the undersigned. Sincerely, Spire STL Pipeline LLC ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ President ACCEPTED AND AGREED TO THIS __ DAY OF [____],_____ LACLEDE GAS COMPANY ________________________________ ▇▇▇▇▇ ▇▇▇▇▇ Vice President I. Customer Name: Laclede Gas Company

Appears in 1 contract

Sources: Precedent Agreement (Laclede Gas Co)

Future Projects. Customer will have the right to obtain any foundation or anchor shipper status available in the event of any future expansion project undertaken by Transporter. 8 CONFIDENTIAL TREATMENT REQUESTED APPENDIX 2 to FIRM TRANSPORTATION SERVICE AGREEMENT between SPIRE STL PIPELINE LLC and LACLEDE GAS COMPANY Dated: _______ __, 20__ (“FTS Agreement”) STATEMENT OF NEGOTIATED RATES [Terms as set forth in that certain Firm Transportation Negotiated Rate Agreement between Pipeline and Customer dated ______________] 9 CONFIDENTIAL TREATMENT REQUESTED CONFIDENTIAL EXHIBIT B to PRECEDENT AGREEMENT between SPIRE STL PIPELINE LLC and LACLEDE GAS COMPANY NEGOTIATED RATE LETTER AGREEMENT CONFIDENTIAL TREATMENT REQUESTED CONFIDENTIAL [SPIRE STL PIPELINE LETTERHEAD] [DATE] Laclede Gas Company Attn: ▇▇. ▇▇▇▇▇ ▇▇▇▇▇ Vice President, Gas Supply ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇▇ ▇▇. ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Email: ▇▇▇▇▇.▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ Re: Firm Transportation Service Agreement Under Rate Schedule FTS Between Spire STL Pipeline LLC and Laclede Gas Company; Firm Transportation Negotiated Rate Agreement Ladies and Gentlemen: Spire STL Pipeline LLC (“Pipeline”) and Laclede Gas Company (“Customer”) are parties to that certain Precedent Agreement (“PA”), dated January 25, 2017, pursuant to which Pipeline has agreed to seek all necessary governmental authorizations to acquire, construct, own, operate, and maintain the Spire STL Pipeline Project, and, subject to certain conditions precedent, Pipeline and Customer have agreed to enter into a Firm Transportation Service Agreement (“FTS Agreement”) for the provision by pipeline of service to Customer, all on the terms and conditions specified therein. By this letter agreement (“Firm Transportation Negotiated Rate Agreement” or “FTNRA”), Pipeline and Customer are implementing a negotiated rate applicable to service under the FTS Agreement. Pipeline and Customer hereby agree that the provisions on the attached Pro Forma Statement of Negotiated Rates reflects the terms of their agreement, including the effectiveness of the negotiated rate; provided, however, that the Negotiated Reservation Rate specified on the attached Statement will be subject to modification prior to the effectiveness of such negotiated rate in accordance with the terms of Section 4(b) of the PA. Assuming satisfaction or waiver of the conditions precedent in the PA and no early termination thereof, as well as Pipeline’s anticipated completion of construction and commencement of commercial operation of the Spire STL Pipeline Project, and in accordance with all applicable filing requirements of the Federal Energy Regulatory Commission (“Commission”), Pipeline will file for effectiveness a Statement of Negotiated Rates containing rate-related provisions identical to those provisions on the attached Pro Forma Statement of Negotiated Rates in accordance with Section 18 of the General Terms and Conditions of its FERC NGA Gas Tariff. Customer will have CONFIDENTIAL TREATMENT REQUESTED the right to participate in such Commission proceeding as provided in Section 5(b) of the PA. Such Statement of Negotiated Rates will, moreover, supersede and replace Appendix 2 of that certain FTS Agreement entered into by and between Pipeline and Customer in accordance with the terms of the PA. Notwithstanding the foregoing, Pipeline and Customer hereby acknowledge and agree to honor and effectuate the adjustments, if any, to the Negotiated Reservation Rate as set forth in Section 4(b) of the PA, in accordance with the terms thereof, and to amend and restate the Pro Forma Statement of Negotiated Rates attached to this FTNRA as necessary. Customer agrees that Pipeline will have the right to file with the Commission for effectiveness any such amended and restated Statement of Negotiated Rates, and Customer will have the right to participate in such Commission proceeding as provided in Section 5(b) of the PA. If the foregoing accurately sets forth your understanding of the matter covered herein, please so indicate by having a duly authorized representative sign in the space provided below and returning an original signed copy to the undersigned. Sincerely, Spire STL Pipeline LLC ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ President ACCEPTED AND AGREED TO THIS __ DAY OF [____],_____ LACLEDE GAS COMPANY ________________________________ ▇▇▇▇▇ ▇▇▇▇▇ Vice President 2 CONFIDENTIAL TREATMENT REQUESTED APPENDIX 2 to FIRM TRANSPORTATION SERVICE AGREEMENT between SPIRE STL PIPELINE LLC and LACLEDE GAS COMPANY Dated: _______ __, 20__ (“FTS Agreement”) STATEMENT OF NEGOTIATED RATES I. Customer Name: Laclede Gas Company

Appears in 1 contract

Sources: Precedent Agreement