Many Islands Pipe Lines (Canada) Limited MIPL(C)L
General Terms and Conditions
(b) The Defaulting Party shall have ninety (90) Days after receiving any such notice to remedy the default specified and if, within the said period of ninety (90) Days, the Defaulting Party does remedy any such default to the satisfaction of the Non-Defaulting Party acting reasonably, then the notice given pursuant to Section 13.1(a) shall be deemed to be withdrawn and the MIPL(CL Service Agreement shall continue in full force and effect. (c) In the event that Shipper does not remedy any default of which it has been given notice by MIPL(C)L to the satisfaction of MIPL(C)L within the said ninety (90) Day period, then the MIPL(C)L Service Agreement shall thereafter terminate and the appropriate charges for all Specific Facilities, as well as the present value of all future Demand Charges, which would normally be incurred during the remaining term of the MIPL(C)L Service Agreement, discounted at a rate equal to the Prime Rate on the date of termination plus two (2%) percent per annum shall become due and payable. All other rights and obligations of the parties hereunder shall cease upon termination of the MIPL(C)L Service Agreement; PROVIDED however, any such termination shall not affect any other remedy MIPL(C)L may have at law or in equity. (d) In the event that MIPL(C)L does not remedy any default of which it has been given notice by Shipper to the satisfaction of Shipper within the said ninety (90) Day period, then the MIPL(C)L Service Agreement shall thereafter terminate and Shipper shall be relieved of its obligations to continue to pay the Demand Charges. All other rights and obligations of the parties hereunder shall cease upon the termination of the MIPL(C)L Service Agreement; PROVIDED however, that any such termination shall not affect any other remedy Shipper may have at law or in equity.
ARTICLE XIV - IMPAIRED RECEIPTS OR DELIVERIES
14.1 If by reason of the causes hereinafter set forth in this Section, MIPL(C)L is unable, in whole or in part, to receive or deliver the quantities of Gas provided for in the MIPL(C)L Service Agreement, then MIPL(C)L shall be relieved of liability for not receiving or delivering such quantities during the Curtailment, and MIPL(C)L may curtail or discontinue receipts or deliveries of Gas hereunder during the continuance and to the extent of the inability; PROVIDED however, that MIPL(C)L shall endeavour to give reasonable notice of any Curtailment or discontinuance of receipts or deliveries arising by virtue of such causes and shall promptly endeavour to remedy the cause of any Curtailment or discontinuance of receipts or deliveries as soon as reasonably possible. Such notice shall specify MIPL(C)L's estimate of the duration of any such Curtailment or discontinuance of receipts or deliveries hereunder and the
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June 1, 2016
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