Egan Hub Storage, LLC

First Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-77-000, Status: Effective

Second Revised Sheet No. 125A Second Revised Sheet No. 125A

Superseding: First Revised Sheet No. 125A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4.16 Permanent Capacity Releases. To the extent that any Customer

desires to release all or any part of its firm rights under an

Open-access Rate Schedule on a permanent basis, the procedures

specified in this Section 4 shall apply. In addition, the

Replacement Customer that will acquire the capacity from Customer

must submit a request for service electronically via the LINK®

System and provide the credit information as required by Section

3.4 herein. For any permanent capacity release, the minimum bid

acceptable to Egan Hub shall be a bid for the remainder of the

term of Customer's service agreement at the rate(s) Customer is

obligated to pay Egan Hub for the capacity to be permanently

released. Egan Hub may refuse to allow a permanent capacity

release if it has a reasonable basis to conclude that it will not

be financially indifferent to the release. If Customer's request

to permanently release capacity is denied by Egan Hub, Egan Hub

shall notify Customer via e-mail and shall include in the

notification the reasons for such denial.

 

4.17 Capacity Request Notice. Any party desiring to acquire firm

storage capacity pursuant to Section 4 must submit the following

information to Egan Hub via e-mail to link-help@spectraenergy.com:

 

(a) the Replacement Customer's name and contact information;

 

(b) the Maximum Storage Quantity, Maximum Daily Injection

Quantity and Maximum Daily Withdrawal Quantity desired;

 

(c) the desired commencement date and term of the service;

 

(d) the desired primary receipt and delivery points and the

associated Maximum Daily Receipt Quantity and Maximum Daily

Delivery Quantity for the service;

 

(e) the rate(s) that Replacement Customer will pay for the

service;

 

(f) whether Replacement Customer will accept a release with

recall rights, and if so, what recall rights would be

acceptable; and

 

(g) whether Replacement Customer's request is contingent, and if

so, the basis for the contingency.

 

Egan Hub shall post such information on the LINK® System for a

period of one month or until a transaction is effected, whichever

is shorter.