Pine Prairie Energy Center, LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 09/01/2007, Docket: RP07-563-000, Status: Effective
Original Sheet No. 41 Original Sheet No. 41 : Effective
IP RATE SCHEDULE
INTERRUPTIBLE PARKING SERVICE
(Continued)
6. AUTHORIZATION, RATES, TERMS AND CHANGES
6.1 The Interruptible Parking Service Agreement and the
respective obligations of the parties hereunder are subject to all
valid laws, orders, rules and regulations of duly constituted
authorities having jurisdiction, and are conditioned upon the
issuance, by FERC, and any state or local governmental agency
having jurisdiction, of requisite authorization for PPEC to
provide the parking service contemplated hereby and to construct
and operate the Gas storage facilities necessary to provide such
parking service and for any connected pipeline to transport Gas
to/from the Point(s) of Receipt/Delivery necessary to effect the
parking service provided for herein.
6.2 PPEC shall have the right to propose to FERC or any
other governing regulatory body such changes in its rates and
terms of service as it deems necessary, and the Interruptible
Parking Service Agreement shall be deemed to include any changes
which are made effective pursuant to order or regulation or
provisions of law, without prejudice to Customer's right to
protest the same; provided, however, that any market-based rates
negotiated between PPEC and its Customer(s) shall remain in effect
during the term of the Interruptible Parking Service Agreement(s)
specifying such rates.
7. CURTAILMENT
If, due to any cause whatsoever, PPEC's capability to receive
or deliver quantities of Gas is impaired so that PPEC is unable to
receive or deliver the quantities provided for in its Storage
Service Agreements with Customers for Interruptible services, then
capacity, withdrawals and/or injections will be allocated
according to the priority of service as set forth in Section 5 of
the General Terms and Conditions of this FERC Gas Tariff.
8. EXPIRATION OF TERM
8.1 Upon expiration without renewal or upon termination of
Customer's Interruptible Parking Service Agreement, any of
Customer's Gas remaining in the PPEC storage facility shall be
deemed sold to PPEC at a price equal to 80% of the price realized
for such Gas pursuant to an auction held in accordance with
Section 32 of the General Terms and Conditions of this FERC Gas
Tariff. However, if Customer was unable to withdraw its IP Gas
quantities due to an interruption of Customer's withdrawal service
by PPEC during the last ten Days before termination, Customer
shall be allowed to withdraw its Gas within a reasonable period
following the end of the contract term.