Central New York Oil And Gas Company, LLC
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-404-000, Status: Effective
Second Revised Sheet No. 24 Second Revised Sheet No. 24 : Effective
Superseding: First Revised Sheet No. 24
RATE SCHEDULE FSS (continued)
7.7 Releases of 31 Days or Less. Capacity Releases
and Pre-Arranged Releases for a period of 31 Days
or less need not comply with Section 7.1. Notices
of releases shall be posted on Seller's Internet
website within forty-eight (48) hours after
release transaction commences. Releases of a
period of 31 Days or less may not roll-over,
extend, or continue in any way without complying
with Section 7.1, and may not be re-released to
the same Replacement Customer until twenty eight
(28) Days after the first release period has
ended.
7.8 All potential Replacement Customers that desire to
bid on released capacity must pre-qualify with
Seller by submitting the information required in a
Service Request Form and by demonstrating
creditworthiness in the same manner and subject to
the same standards and procedures as required for
Customers under Rate Schedule FSS. Seller shall
not award capacity release offers to a Replacement
Customer until and unless the Replacement Customer
meets the Seller's creditworthiness requirements
applicable to all services that it receives from
the Seller, including the service represented by
the capacity release. Once the conditions of this
Tariff are met and the terms and conditions
specified in the Releasing Customer's offer to
release are met, the Replacement Customer will
then be considered as any other Customer on
Seller's system. Any such Replacement Customer
must comply with all provisions of Seller's FERC
Gas Tariff. Prior to the commencement of service
pursuant to any release request, the Replacement
Customer shall submit to Seller, in accordance
with Section 2.1 of the General Terms and
Conditions of this FERC Gas Tariff, a check in an
amount equal to the lesser of $10,000 or the
aggregate reservation charges which would be due
for two Months of released service.
8. GAS IN STORAGE AFTER TERMINATION OF AGREEMENT
If a Customer that has not renewed its FSS Service
Agreement, or that has released storage capacity, fails to
withdraw its Working Storage Gas by the date such FSS Agreement
terminates or the capacity release becomes effective, then, at
Seller's option, and upon forty-eight (48) hours notice,
Customer will be deemed to have agreed to the Storage of such
remaining Working Storage Gas under Rate Schedule ISS or at
Seller's option, Seller may retain any remaining quantities of
Working Storage Gas free and clear of any adverse claims;
provided however, that Seller will notify Customer in writing
prior to November 1 of the