RATE SCHEDULE FS

FIRM STORAGE

(Continued)


 


 

(d) Seller will bill the Volumetric Rate for Release

for volumes actually injected into Storage by

Seller for the account of Replacement Customer or

the minimum Storage volume requirement if actual

injected volumes are less than the required

minimum Storage volume requirement, and


 

(e) Replacement Customer shall remain fully

responsible for all Usage Charges incurred.


 

7.7 Notice of releases made under Section 7.1(f) shall be

posted on Seller's Internet Site not later than the

first nomination after the release transaction

commences.


 

7.8 Prior to the commencement of service pursuant to any

release request, the Replacement Customer may be

required to submit to Seller, in accordance with Section

2.1 of the General Terms and Conditions of this Tariff

hereunder, a check in an amount equal to the lesser of

$10,000 or the aggregate reservation charges which would

be due for two (2) Months of released service.


 

7.9 Releases of 31 Days or Less. Releasing Customer shall not

re-release firm entitlements that were previously released

pursuant to Section 7.1(f), above, to the same Replacement

Customer until twenty-eight (28) days after the first

release period has ended. The 28-Day hiatus does not apply

to any re-release to the same Replacement Customer that is

posted for bidding or that qualifies for any of the

exemptions from posting under Section 7.1(f).


 

Subsections 7.1(f)(i)(2), 7.1(f)(i)(4), and 7.1(f)(i)(5)

releases can be rolled-over for subsequent periods

without bidding.


 

8. GAS IN STORAGE AFTER TERMINATION OF AGREEMENT


 

If a Customer which has not renewed its FS Agreement, prior to

the end of the term of such Agreement, fails to withdraw all of

its Working Storage Gas by the end of the date such FS

Agreement terminates, then, at Seller's option, and upon forty-

eight (48) hours notice, Customer will be deemed to have agreed

to the Storage of such remaining Working Storage Gas under Rate

Schedule IS or at Seller's option, Seller may retain any

remaining quantities of