Blue Lake Gas Storage Company

First Revised Volume No. 1

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Effective Date: 11/01/2007, Docket: RP08- 17-000, Status: Effective

Second Revised Sheet No. 124 Second Revised Sheet No. 124 : Effective

Superseding: First Revised Sheet No. 124

 

GENERAL TERMS AND CONDITIONS

 

 

1. DEFINITIONS

 

1.1 The term "Agreement" shall mean the Service Agreement executed

by the Customer and Seller and any exhibits, attachments and/or

amendments thereto.

 

1.2 The term "Average Monthly Storage Volume" shall mean the sum of

Customer's Working Storage Gas at the end of each Day of the

Month divided by number of Days in the Month.

 

1.3 The term "BTU" shall mean one (1) British thermal unit, the

amount of heat required to raise the temperature of one (1)

pound of water one degree (1) Fahrenheit at sixty degrees (60)

Fahrenheit. (BTU is measured on a dry basis at 14.73 psia.)

 

1.4 The term "Business Day" shall mean every Monday, Tuesday,

Wednesday, Thursday or Friday, excluding all federal banking

holidays for transactions in the United States and similar

holidays for transactions in Canada and Mexico.

 

1.5 The term "Central Clock Time" shall mean Central Standard Time

except for that period when daylight savings is in effect. During

this period, Central Clock Time shall mean Central Daylight Time.

 

1.6 The term "Commission" and "FERC" shall mean the Federal Energy

Regulatory Commission or any successor regulatory authority

having jurisdiction.

 

1.7 The term "Customer" shall mean any person, corporation,

partnership or any other party that executes a valid Service

Agreement with Blue Lake Gas Storage Company for the Storage of

Gas under the terms and conditions of Seller's FERC Gas Tariff.

 

1.8 The term "Daily Rate" shall mean the result of the calculation

of multiplying the monthly rate by the number of Months in the

rate period; dividing the result by the number of Days in the

rate period; and taking the answer out to 5 decimal places and

rounding up or down to the Transporter's specific decimal place

or by multiplying the Daily Rate times the number of Days in the

rate period; dividing the result by the number of Months in the

rate period; and taking the answer out to 5 decimal places and

rounding up or down to the Transporter's specific decimal place.