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. 438 Third Revised Sheet No. 438
Superseding: Second Revised Sheet No. 438
FORM OF LENDING AND PARKING SERVICE AGREEMENT
UNDER RATE SCHEDULE LPS (Continued)
1.3 Equitrans will loan or park gas for the Customer based on the
difference between the Customer's MQ and the total amount of its loaned
or parked quantity on that Day. Equitrans shall only be obligated to
receive and deliver loaned or parked quantities to Customer to the extent
that Equitrans determines that such lending or parking does not interfere
with system operations or with Equitrans' ability to satisfy higher
priority service obligations.
1.4 Loaned or parked quantities of gas will be reduced by the Storage
Loss Retainage Factor as set forth on Statement of Retainage Factors of
Equitrans' FERC Gas Tariff, applied to the total quantity of gas provided for
lending or parking, provided however that Equitrans will not retain gas for
storage losses in those instances where the transaction does not cause
Equitrans to utilize storage.
Rate, Rate Schedule, and Conditions of Service
2.1 Customer shall pay Equitrans for services rendered hereunder in
accordance with Rate Schedule LPS, as may be hereafter revised
or supplemented. Customer agrees that Equitrans has the right to file with
the FERC or other appropriate regulatory body and make effective changes in
(a) the rates and charges applicable to service hereunder, (b) the Rate
Schedules under which service is rendered, or (c) any provision of the General
Terms and Conditions of Equitrans' FERC Gas Tariff incorporated by reference
in such Rate Schedules; provided that Customer shall have the right to protest
any such changes.
2.2 Customer is required to schedule loaned or parked quantities of gas
in accordance with Section 8 of the General Terms and Conditions of Equitrans'
FERC Gas Tariff. If nominations for service under this Rate Schedule exceed
on any Day Equitrans' ability to provide such service in conjunction with
other nominated services, Equitrans will interrupt requested service hereunder
in accordance with the priorities established in Section 6.9 and 8.5 of the
General Terms and Conditions.
3.1 This Agreement shall become effective on ____________ 20____, and
shall continue in full force and effect until ______________.
3.2 This Agreement may be suspended or terminated by Equitrans in the
event Customer fails to pay all of the amount of any invoice rendered by