Exhibit 10.3
TRANSPORTATION SERVICE
AGREEMENT
Contract Identification
FT4762
This Transportation Service
Agreement (Agreement) is entered into by Great Lakes Gas
Transmission Limited Partnership (Transporter) and TRANSCANADA
PIPELINES LIMITED(Shipper).
WHEREAS, Shipper has requested
Transporter to transport Gas on its behalf and Transporter
represents that it is willing to transport Gas under the terms and
conditions of this Agreement.
NOW, THEREFORE, Transporter and
Shipper agree that the terms below constitute the transportation
service to be provided and the rights and obligations of Shipper
and Transporter.
1.
CONTRACT DATE:
November 04, 2004
2.
CONTRACT
IDENTIFICATION: FT4762
3.
RATE SCHEDULE:
FT
4.
SHIPPER TYPE:
Other
5.
STATE/PROVINCE OF
INCORPORATION: Canada
6.
TERM: November 01, 2005 to October 31, 2009
Transporter and Shipper agree that
Shipper may extend the primary term of this Agreement by exercising
a contractual Right of First Refusal, pursuant to the procedures
set forth in Section 16 of the General Terms and Conditions of
Transporter’s FERC Gas Tariff.
7.
EFFECT ON PREVIOUS
CONTRACTS:
This Agreement supersedes, cancels
and terminates, as of the effective date stated above, the
following contract(s): N/A
8.
MAXIMUM DAILY QUANTITY
(Dth/Day): 80,000
Please see Appendix A for further
detail.
9.
RATES:
Unless Shipper and Transporter have
agreed to a Discounted Rate, pursuant to Section 19.2 of the
General Terms and Conditions, or to a Negotiated Rate, pursuant to
Section 4.5 of th