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).