RATE SCHEDULE FS

FIRM STORAGE

(Continued)


 


 

8.6 VOLUMETRIC RELEASE. Customer may release capacity on a

volumetric basis, provided that:


 

(a) all requirements and conditions of the release be

specified by the Releasing Customer in the release notice,

including any minimum Storage volume requirement, and


 

(b) the requirements and conditions specified by Releasing

Customer must meet all of the requirements and conditions

of Seller's Tariff, and


 

(c) Volumetric Rate For Release must fall below the Maximum

Rates for releases longer than one (1) year as stated on

Sheet No. 5 of this Tariff, and


 

(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 requirement, and


 

(e) Replacement Customer shall remain fully responsible for

all Usage Charges incurred.


 

8.7 Notice of releases made under Section 8.1(f) shall be posted on

Seller's Internet Site not later than the first nomination after

the release transaction commences.


 

8.8 Prior to the commencement of service pursuant to any release

request, the Replacement Customer shall 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 Months of released service.