Egan Hub Storage, LLC

First Revised Volume No. 1

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Effective Date: 02/01/2009, Docket: RP09-160-000, Status: Effective

Third Revised Sheet No. 41 Third Revised Sheet No. 41

Superseding: Second Revised Sheet No. 41

 

IPS RATE SCHEDULE

INTERRUPTIBLE PARK SERVICE

(Continued)

 

(b) The storage of Gas in amounts up to the Maximum Park Quantity set forth in

Exhibit B of Customer's Hub Services Agreement, provided that all higher priority service

storage needs have been satisfied; and

 

(c) The daily withdrawal and delivery of Customer's Gas per Customer's

nomination to the Point(s) of Delivery located on Egan Hub's system up to the Maximum Daily

Withdrawal Quantity ("MDWQ") stated in Exhibit B of Customer's Hub Services Agreement, less

applicable Fuel Reimbursement, provided that all higher priority service nominations for

withdrawal have been satisfied, and that Customer has sufficient Gas Stored in Customer's Park

Balance.

 

2.3 To the extent storage capacity which is being utilized by a Customer pursuant to

this rate schedule is needed by Egan Hub in order to satisfy Egan Hub's obligations to higher

priority services, Egan Hub shall require Customer to withdraw all, or any portion of,

Customer's Park Balance, as specified by Egan Hub. Egan Hub's notice to Customer may be given

verbally, but shall be confirmed in writing via e-mail to Customer. Such notice will specify

the quantity required to be withdrawn and the date by which the withdrawal must be completed.

Unless Egan Hub otherwise agrees, Customer shall be required to make ratable withdrawals. If

Customer fails to withdraw such Park Balance, then Egan Hub may take, free and clear of any

adverse claims, title to such Park Balance quantities as Customer was instructed, but failed,

to withdraw. In the event that Egan Hub retains and takes title to any of Customer's Gas

pursuant to this Section 2.3, Egan Hub shall dispose of such Gas by auction in accordance with

Section 33 of the General Terms and Conditions of this FERC Gas Tariff and shall remit to

Customer the proceeds received from such auction less Interruptible Park Charges for the period

from the first day following the date on which Customer was required to complete the withdrawal

until the Gas is sold to the highest bidder and any applicable Fuel Reimbursement charges,

Interruptible Park Withdrawal Charges and any administrative costs incurred by Egan Hub to

conduct the auction. Such Interruptible Park Charges shall be calculated by multiplying the

Interruptible Park Charge rate in effect on the required withdrawal date by the quantity of Gas

sold at auction.

 

 

3. RATES AND CHARGES

 

The rates and charges paid by Customer for park service under this rate schedule shall

include the applicable park rate components set forth in the IPS Rate Statement and as

described below:

 

(a) Interruptible Park Charge. A charge, as specified in Exhibit B of

Customer's Hub Services Agreement, applicable to the Maximum Park Quantity specified in Exhibit

B of Customer's Hub Services Agreement.