PetroLogistics Natural Gas Storage LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

Original Sheet No. 24 Original Sheet No. 24

 

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

has failed to withdraw such IPS gas quantities, then PetroLogistics may take, free and clear of

any adverse claims or obligation to Shipper, title to such IPS gas quantities; provided, however,

that if Shipper was unable to withdraw its IPS gas quantities due to an interruption of Shipper's

withdrawal service during the last five (5) 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 IPS gas quantities following the end of the contract term.

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

to this Section 8, PetroLogistics shall dispose of such gas 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 IPS Rate Schedule, where applicable, and shall supplement the terms and conditions governing

service rendered hereunder, as though stated herein.