Wyckoff Gas Storage Company, LLC

Original Volume No. 1

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Effective Date: 12/31/9999, Docket: RP09- 444-000, Status: Accepted

Original Sheet No. 22 Original Sheet No. 22

 

the event a dispute arises as to the amount payable in any

statement rendered by Transporter hereunder, Shipper shall nevertheless

pay the total amount payable to Transporter under the statement

rendered pending resolution of the dispute. Such payment shall not be

deemed to be a waiver of the right by Shipper to recoup any

overpayment, or by Transporter to recoup any underpayment, in either

case with interest thereon at the same rate specified in Section 7.2.

All statements shall be considered final, and any and all objections

thereto shall be deemed waived, unless made in writing within twenty-

four (24) months of Shipper’s receipt thereof. Disputes shall be

resolved in accordance with Section 15.

 

SECTION 8. RELEASE OF SERVICE RIGHTS

 

The procedures set forth in this Section governing the release of

service rights by Shippers shall apply to all services offered by

Transporter for which such right is provided in the applicable Rate

Schedule. A Shipper under such applicable Rate Schedule may release all

or any portion of the service under its Agreement. Any Shipper

accepting such release (Replacement Shipper) must be listed on

Transporter’s Approved Bidders List and must comply with all conditions

and requirements set forth in the General Terms and Conditions and in

the applicable Rate Schedule and Service Agreement.

 

8.1 Initiating the Release.

 

(a) Electronic Bulletin Board. The release of service

rights by Shipper shall be facilitated through Transporter’s EBB,

described at Section 2 of the General Terms and Conditions. As

explained below, Shippers seeking to release firm service rights

(Releasing Shipper) shall transmit offers to release and notices of

prearranged releases to Transporter for posting on Transporter’s EBB.

Potential Replacement Shippers also may transmit offers to purchase

service rights and bids for capacity noticed by Releasing Shipper to

Transporter for posting on Transporter’s EBB. Transporter reserves the

right to request modifications or deletions of all or any portion of

postings that do not conform to the requirements of Section 8.1(b)

below; provided, however, that Transporter shall have no responsibility

for any errors, omissions, or other aspects of these postings from

third parties on its EBB.

 

(b) Release Notice. Releasing Shipper may initiate the

release of service rights by transmitting the information specified

below to Transporter for posting on Transporter’s EBB (“Release

Notice”). Such Release Notice shall contain the following information

regarding the capacity that Shipper is seeking to release:

 

(1) Releasing Shipper’s identity, the Rate Schedule

under which Releasing Shipper seeks to release capacity, and the

contract number assigned by Transporter to the Service Agreement under

which Shipper seeks to release capacity;

 

(2) whether the release is on a temporary or

permanent basis;

 

(3) the numeric quantity on a per day basis for

storage injection, storage withdrawal, a per-release quantity for

storage capacity, and the term (duration);

 

(4) the receipt and delivery points;