Petal Gas Storage, L. L. C.
Original Volume No. 1
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Effective Date: 07/25/2008, Docket: RP08-421-000, Status: Effective
First Revised Sheet No. 77 First Revised Sheet No. 77
Superseding: Original Sheet No. 77
FTS RATE SCHEDULE (Continued)
expenses resulting from claims by any Replacement Customer that firm
capacity was not recalled in accordance with the recall rights specified
by the Releasing Customer in its offer.
4.14 Responsibilities of Replacement Customers. A Replacement Customer
awarded capacity shall execute a separate FTS Agreement with Petal for
the released capacity at the rate bid by the Replacement Customer and
accepted by the Releasing Customer up to the Maximum Rate and for the
term set forth in the release.
4.15 Marketing Fees. Petal may negotiate with a Releasing Customer and
receive a mutually agreeable fee for taking action to market Releasing
Customer's firm capacity so long as such actions constitute more than
merely posting the Releasing Customer's Offer. Petal and the Releasing
Customer will negotiate the level of activity to be undertaken by Petal
to market the capacity and the fee to be paid by the Releasing Customer
to Petal for such activity.
4.16 Agreement for Multiple Capacity Release Transactions. In lieu of
execution of individual Agreement(s), Petal and Replacement Customer may
execute a Master Service Agreement For Capacity Release Transactions to
cover multiple capacity release transactions.
5. RATES AND CHARGES
(a) The rates and charges paid by Customer for firm transportation service
under this rate schedule shall include the applicable transportation
rate components set forth in the FTS Rate Statement as described below:
(i) Reservation Charge. A monthly charge determined as the product
of the Customer's Maximum Daily Transportation Quantity and the
Reservation Rate(s) per Dth set forth in this FERC Gas Tariff.
(ii) Usage Charge. An amount determined as the product of the total
quantity of gas in Dths delivered by Petal for the account of
Customer during the billing month and the Usage Rate(s) per Dth
set forth in this FERC Gas Tariff.
(iii) Overrun Charge. A monthly charge resulting from any Overrun
Transportation Service pursuant to Section 3 of this Rate