Egan Hub Storage, LLC
First Revised Volume No. 1
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Effective Date: 02/01/2009, Docket: RP09-160-001, Status: Effective
Sub Second Revised Sheet No. 37D Sub Second Revised Sheet No. 37D
Superseding: First Revised Sheet No. 37D
EPS RATE SCHEDULE
ENHANCED PARK SERVICE
(Continued)
8. EXPIRATION OF CONTRACT TERM
Prior to the end of the term of the applicable Exhibit B to Customer's
Hub Services Agreement, Customer must physically withdraw the Park
Balance. If, by the end of the Gas Day that is the last Gas Day of the
term of the applicable Exhibit B to Customer's Hub Services Agreement,
Customer has not withdrawn the Park Balance, then Egan Hub may take,
free and clear of any adverse claims, title to such Park Balance as
Customer was required, but failed, to withdraw; provided, however, that
only those quantities not withdrawn shall become the property of Egan
Hub, free and clear of any adverse claims.
If Customer was unable to withdraw its Park Balance due to an
interruption of Customer's withdrawal service during the last ten (10)
Days before termination, Customer shall be allowed one extra Day
following the end of the term of the applicable Exhibit B to Customer's
Hub Services Agreement for each Day of the interruption of Customer's
withdrawal service, or such other time period as agreed upon by Egan Hub
and Customer, to withdraw its Park Balance.
In the event that Egan Hub retains and takes title to any of Customer's
Gas pursuant to this Section 8, Egan Hub shall dispose of such Gas by
auction in accordance with the provisions of Section 33.1 of the General
Terms and Conditions of this FERC Gas Tariff and shall remit to Customer
the proceeds received from such auction less Enhanced Park Charges for
the period from the first day following the termination date until the
inventory is sold to the highest bidder and any applicable Fuel
Reimbursement charges, Enhanced Park Withdrawal Charges and any
administrative costs incurred by Egan Hub to conduct the auction. Such
Enhanced Park Charges shall be calculated by multiplying the Enhanced
Park Charge rate in effect on the termination date of the applicable
Exhibit B to Customer's Hub Services Agreement by the quantity of Gas
sold at auction.
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 rate schedule,
where applicable, and shall supplement the terms and conditions
governing service rendered hereunder, as though stated herein.