Freebird Gas Storage, L.L.C.
First Revised Volume No. 1
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Effective Date: 10/01/2008, Docket: RP08-304-000, Status: Effective
Original Sheet No. 39 Original Sheet No. 39 : Suspended
2.3 To the extent storage capacity or Gas which is being utilized by a Shipper
under this Rate Schedule is needed by Freebird in order to satisfy Freebird’s
obligations under FSS Service Agreements or is otherwise necessary to avoid
adverse impact on the operation of Freebird’s System, Freebird may require
Shipper to withdraw or repay all, or any portion of, the IBS Gas quantities
held or loaned by Freebird under this Rate Schedule for the account of
Shipper. Freebird will notify the Shipper of the need to withdraw or repay
Gas and the quantity to be withdrawn or repaid, and shall specify the time
period in which the Shipper must comply with the notice. Freebird’s notice to
Shipper may be given orally, but shall be confirmed in writing via e-mail or
facsimile to the Shipper. Unless Freebird otherwise agrees, Shipper shall be
required to make nominations ratable over the specified time period. If
Shipper fails to withdraw such IBS Gas quantities within the time period
specified by Freebird, then Freebird may take, free and clear of any adverse
title, claims or liens, title to such IBS Storage Inventory as Shipper was
instructed to withdraw, at a price per Dth equal to the Current Market Price
(as defined in Section 7 below), less Freebird's costs related to Shipper’s
failure to timely remove its Gas, and Freebird shall credit such proceeds to
any amount owed by Shipper to Freebird. If Shipper fails to inject such IBS
Gas quantities within the time period specified by Freebird, Freebird will
have the right to treat such IBS Gas quantities that have not been returned as
a sale of such Gas quantities to Shipper, at a price per Dth equal to the
Current Market Price (as defined in Section 7 below), plus Freebird’s costs
related to Shipper’s failure to timely return the loaned Gas. Freebird will
invoice Shipper for such amount, and Shipper’s IBS Gas quantities owed to
Freebird will be decreased accordingly upon Shipper’s payment therefor. The
sale of Gas to Shipper under this section will not relieve Shipper of its
obligation to pay Freebird all applicable charges that accrued before such
sale.
3. RATES AND CHARGES
Shipper shall pay rates and charges for Interruptible balancing service under
this Rate Schedule including the applicable Interruptible balancing rate
components set forth in the IBS Rate Statement and as described
below:
(a) Interruptible Balancing Charge. A charge for each Dth of Gas stored in
Freebird’s facilities under this Rate Schedule.
(b) Interruptible Balancing Injection Charge. A charge for each Dth of Gas
(including fuel, if applicable) injected into Freebird’s facilities pursuant
to Section 2.1(a) of this Rate Schedule during a given invoice
period.
(c) Interruptible Balancing Withdrawal Charge. A charge for each Dth of Gas
(including fuel, if applicable) withdrawn from Freebird’s facilities pursuant
to Section 2.1(c) of this Rate Schedule during a given invoice
period.
(d) Fuel Reimbursement. The amount of Gas or equivalent charge for fuel and
losses determined in accordance with Section 17 of the General Terms and
Conditions of this FERC Gas Tariff and set forth in Shipper’s Hub Services
Agreement.
(e) Regulatory Fees and Charges. Shipper shall reimburse Freebird for all
fees and charges, including, but not limited to, ACA charges, as required by
the Commission or any other regulatory body, that are related to service
provided under this Rate Schedule, as set forth in Shipper’s Hub Services
Agreement.