PetroLogistics Natural Gas Storage LLC

Original Volume No. 1

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Effective Date: 06/03/2009, Docket: RP09-577-000, Status: Effective

Original Sheet No. 20 Original Sheet No. 20

 

writing via e-mail or facsimile to Shipper. Within ten (10) Days of such notice, PetroLogistics and

Shipper shall either agree on mutually acceptable terms by which PetroLogistics shall agree to cash out

the Interruptible Storage Inventory or Shipper must physically withdraw the Interruptible Storage

Inventory before the end of the contract term. If, by midnight on the last Day of the contract term,

Shipper has failed to withdraw such Interruptible Storage Inventory, then PetroLogistics may take, free and

clear of any adverse claims or obligation to Shipper, title to such Interruptible Storage Inventory;

provided, however, that if Shipper was unable to withdraw its Interruptible Storage Inventory quantities

due to an interruption of Shipper's withdrawal service during the last twenty (20) days before termination,

Shipper shall be allowed an additional number of days, corresponding to the period of interruption of its

withdrawal service to withdraw its Interruptible Storage Inventory quantities following the end of the

contract term.

8.2 In the event that PetroLogistics retains and takes title to any of Shipper's Interruptible

Storage Inventory pursuant to this Section 8, PetroLogistics shall dispose of such Interruptible Storage

Inventory by auction and shall credit the net proceeds received from such auction in accordance with the

provisions of Section 27 of the General Terms and Conditions of this FERC Gas Tariff.

9. GENERAL TERMS AND CONDITIONS

Applicable provisions of the General Terms and Conditions of this FERC Gas Tariff, as such provisions

may be amended from time to time, are hereby incorporated by reference and made a part of this ISS Rate

Schedule, where applicable, and shall supplement the terms and conditions governing service rendered

hereunder, as though stated herein.