Keyspan LNG, LP (Alng)

Third Revised Volume No. 1

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Effective Date: 01/27/2003, Docket: RP03-241-000, Status: Effective

Original Sheet No. 66 Original Sheet No. 66 : Effective

 

Joseph A. Vaszily, Vice President

 

 

GENERAL TERMS AND CONDITIONS

(continued)

 

14. CAPACITY RELEASE (continued)

 

14.7 Obligations of Releasing Customer and Other Matters.

Notwithstanding anything to the contrary herein, in any Releasing

Customer's Notice, in any bid or accepted bid, in any Release, in

any New Service Agreement or otherwise:

 

(a) The Release or the New Service Agreement relating thereto

shall not constitute a release of any of the obligations of

the Releasing Customer under the Existing Service Agreement

and the Releasing Customer shall remain fully liable for all

of those obligations, including, without limitation, all

capacity reservation charges, reservation surcharges, and

other fixed costs owing under that service agreement in

respect of capacity rights released pursuant to the Release,

as if the Release had never been entered into; provided,

however, KLNG shall credit the Releasing Customer with all

reservation charges,