Pine Prairie Energy Center, LLC

Original Volume No. 1

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Effective Date: 09/01/2007, Docket: RP07-563-000, Status: Effective

Original Sheet No. 217 Original Sheet No. 217 : Effective

 

FIRM LOAN SERVICE AGREEMENT

 

(For Use Under Rate Schedule FL)

 

This Agreement is made as of the ______day of_____________, ____,

by and between PINE PRAIRIE ENERGY CENTER, LLC, a Delaware limited

liability company herein called "PPEC," and ________________, an

__________, herein called "Customer," (each of PPEC and Customer,

a "Party," and collectively, the "Parties") ,pursuant to the

following recitals and representations:

WHEREAS, PPEC owns and operates an underground natural gas storage

facility known as the Pine Prairie Energy Center, located in

Louisiana, and is authorized to provide natural gas storage and

related services in interstate commerce by way of the Pine Prairie

Energy Center; and

 

WHEREAS, Customer has requested that PPEC provide certain firm

loan natural gas storage services for Customer; and

 

WHEREAS, PPEC has agreed to provide such firm loan storage

services for Customer subject to the terms and conditions set

forth in this Agreement.

 

NOW, THEREFORE, PPEC and Customer agree as follows:

 

ARTICLE I - SCOPE OF AGREEMENT

 

Following the commencement of service hereunder, in accordance

with the terms of PPEC's Rate Schedule FL, and of this Agreement,

PPEC shall on demand on any Day of the Withdrawal Period allow

Customer to nominate for withdrawal and delivery a quantity of Gas

up to Customer's Maximum Daily Withdrawal Quantity of ____ Dth,

and shall on any Day of the Injection Period receive for injection

into storage for repayment of Customer's Loan Balance a quantity

of Gas up to Customer's Maximum Daily Injection Quantity of ____

Dth. Withdrawals shall occur under this Agreement beginning on

the first day of the Primary Term (as defined in Article V) and

ending on ________________, ____ ("Withdrawal Period"), such that

Customer's Loan Balance at the end of the Withdrawal Period is

equal to Customer's Maximum Loan Quantity of __________ Dth.

Injections shall occur under this Agreement beginning on

________________, ____ and ending on the last day of the Primary

Term ("Injection Period"), such that Customers Loan Balance shall

equal zero (0) at the end of the Injection Period. There shall be

no injections or withdrawals under this Agreement from the end of

the Withdrawal Period until the beginning of the Injection Period.

 

ARTICLE II - POINTS OF RECEIPT AND DELIVERY

 

The point(s) at which the Gas is to be tendered by Customer to

PPEC under this Agreement shall be the point(s) designated on

Exhibit "A" hereto (Customer's Point(s) of Receipt).

 

The point(s) at which the Gas is to be tendered by PPEC to

Customer under this Agreement shall be the point(s) designated on

Exhibit "A" hereto (Customer's Point(s) of Delivery).