Dominion Cove Point LNG, LP

Original Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-472-001, Status: Effective

Third Revised Sheet No. 250 Third Revised Sheet No. 250 : Effective

Superseding: Second Revised Sheet No. 250

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

10. RELEASE AND ASSIGNMENT OF SERVICE RIGHTS (Continued)

 

(f).(2).(ii) Other Provisions. (Continued)

 

(x) In order to take advantage of the recall provisions set forth above,

Releasing Customer must provide the following information:

 

a. Releasing Contract number;

 

b. Replacement Contract number;

 

c. Effective Date and Time of Recall

 

d. Contract Quantity;

 

e. Primary Receipt and Delivery Points; and

 

f. the following certification, signed by an official of Releasing Customer

authorized to make nomination and scheduling changes on Operator:

"[Releasing Customer name] hereby certifies that the conditions stated

in Section 10.(f).(2).(iii) of the General Terms and Conditions of Cove

Point's FERC Gas Tariff have been satisfied, to permit the above-

requested recall."

 

(3) Transfer of LNG Inventory.

 

(i) If an assignment of capacity is made under Rate Schedule LTD-1, FPS-1, FPS-2 or

FPS-3, the Releasor shall, contemporaneously with the assignment of capacity,

transfer to the Assignee any LNG then being held in storage for the account of

the Releasor or, if only a portion of the Releasor's capacity is assigned,

Releasor shall assign to the Assignee a proportionate portion of its LNG

inventory in excess of its retained storage capacity. All assignments of LNG

shall be pursuant to Section 11 (Inventory Transfers) of the General Terms and

Conditions.

 

(ii) In the event of an assignment of capacity under Rate Schedule LTD-1, FPS-1,

FPS-2 or FPS-3 requiring the transfer of LNG inventory to the Assignee, the

requirement of such a transfer shall be included in the EBB posting and

Releasor may designate a minimum price for the inventory to be transferred.

 

(4) Operator will be indemnified and held harmless by Releasing Customer and Replacement

Customers for all activities under this Section, except for costs arising solely as

direct result of Operator's negligence or intentional malfeasance.