Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 05/29/2003, Docket: RP03-354-000, Status: Effective

Original Sheet No. 179 Original Sheet No. 179 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

14. CAPACITY RELEASE (Continued)

 

(c) Notwithstanding any other provisions of this tariff, if MRT

elects to terminate a Replacement Customer's storage Service Agreement

prior to the end of the term specified in the Service Agreement pursuant

to this section, Replacement Customer shall be required to eliminate any

quantities left in storage by withdrawing such quantities in the manner

specified by MRT over the notice period prior to termination. If MRT is

unable to withdraw from storage any of such quantities due to

operational conditions on the MRT system, the withdrawal period shall be

extended accordingly. Replacement Customer may also transfer title to

gas remaining in storage to another Customer pursuant to the terms and

conditions of Section 5 of Rate Schedule FSS. If Replacement Customer's

gas is not withdrawn during the period specified in this section, MRT

will "cash-out" such quantities without any trading or netting, but

otherwise in the manner provided in Section 10 of the General Terms and

Conditions, based on the greater than 20% tier and the lowest Index Buy

Price calculated over the term of the release, unless MRT agrees

otherwise. MRT will credit the proceeds of such cash-out to the

Replacement Customer.