| Liberty Gas Storage L.L.C. |
|
Original Sheet No. 23 : Effective |
| FERC Gas Tariff |
|
|
| Liberty Gas Storage L.L.C. |
FSS RATE SCHEDULE FIRM STORAGE SERVICE
8. EXPIRATION OF TERM
At least ten (10) Business Days prior to the end of the primary term or any
renewed term of the Customers Firm Storage Service Agreement, Liberty shall
notify Customer to withdraw all of the FSS Storage Inventory held in storage by
Liberty for the account of Customer. Libertys notice to Customer may be given
orally, but shall be confirmed in writing via e-mail or facsimile to the
Customer. Before the end of the contract term, Customer must either physically
withdraw the Gas or indicate to Liberty in writing that it desires to have
Liberty cash out the Gas on mutually agreeable terms. If, by midnight on the
last Day of the contract term, the Customer has neither withdrawn the Gas nor
indicated in writing to Liberty that it desires to exercise the cash out
option, then Liberty may take, free and clear of any adverse claims, title to
such FSS storage quantities as Customer was required to withdraw or cash out;
provided, however, that if Customer was unable to withdraw its FSS Gas
quantities due to an interruption of Customers withdrawal service during the
last ten Days before termination, Customer shall be allowed to withdraw its Gas
within a reasonable period following the end of the contract term.
In the event that Liberty retains and takes title to any of Customers Gas
pursuant to this Section, Liberty shall dispose of such Gas by auction and
shall credit the net proceeds received from such auction in accordance with the
provisions of Section 33 of the General Terms and Conditions of this FERC Gas
Tariff.
9. GENERAL TERMS AND CONDITIONS
Applicable provisions of the General Terms and Conditions of this FERC Gas
Tariff, as such provisions may be amended from time to time, are hereby
incorporated by reference and made a part of this FSS Rate Schedule, where
applicable, and shall supplement the terms and conditions governing service
rendered hereunder, as though stated herein; provided, however, that in the
event of any inconsistency, the terms of this FSS Rate Schedule shall control.
| Issued by: William Rapp, Senior Counsel |
| Issue date: 06/10/05 |
|
Effective date: 04/15/07 |