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.

 

ARTICLE II.

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.

 

ARTICLE III.

Term

 

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