Equitrans, L. P.

Original Volume No. 1

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Effective Date: 05/16/2010, Docket: RP10-616-000, Status: Effective

Third Revised Sheet No. 80 Third Revised Sheet No. 80

Superseding: Second Revised Sheet No. 80

 

RATE SCHEDULE LPS

LENDING AND PARKING SERVICE (Continued)

 

3. RATE

 

3.1 The charges to be paid by Customer shall be no higher than the

maximum rate and no lower than the applicable minimum rate as

set forth on Statement of Rates for Rate Schedule LPS of this Tariff.

The Customer shall pay Equitrans each month based on the following

charges:

 

(a) Daily Lending and Parking Charge - A charge per Dth for gas

loaned or parked at each point of service to be applied

on each Day that service is provided.

 

3.2 Customer shall deliver to Equitrans, the quantity of gas specified

for storage loss associated with this Rate Schedule. The quantity

of gas retained by Equitrans for storage loss shall be equal to the

quantity of gas loaned or parked for Customer's account multiplied by

the Storage Loss Retainage Factor set forth on Statement of Retainage

Factors of this Tariff; provided, however that Equitrans will not

retain gas for storage loss in those instances where the transaction

does not cause Equitrans to utilize storage.

 

3.3 Notwithstanding the provisions of Section 3.1 and 3.2 above, if

Equitrans and Customer mutually agree to negotiated rates for service

hereunder such negotiated rates shall apply in lieu of the otherwise

applicable charges.

 

4. MINIMUM BILL

 

None.

 

5. NOMINATING AND SCHEDULING

 

5.1 For any Day when Customer desires Equitrans to loan or park gas for

Customer's account under this Rate Schedule, Customer shall nominate

to Equitrans in accordance with Section 8 of the General Terms and

Conditions of this Tariff, specifying the quantity of gas that

Customer desires Equitrans to loan or park on such Day. When

Customer's nominations are confirmed and scheduled as required by the

General Terms and Conditions of this Tariff, Equitrans shall receive

for Customer's account on such Day the quantity of gas so nominated,

subject to the limitations set forth in this Rate Schedule.

 

5.2 For any Day when Customer desires the return of quantities of loaned

or parked gas for Customer's account under this Rate Schedule,