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.