Steuben Gas Storage Company

Original Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-177-001, Status: Effective

First Revised Sheet No. 19 First Revised Sheet No. 19 : Effective

Superseding: Original Sheet No. 19

 

RATE SCHEDULE FS

FIRM STORAGE

(Continued)

 

Seller's option, Seller may retain any remaining quantities of

Working Storage Gas free and clear of any adverse claims; provided

however, that Seller will notify Customer in writing seven months

prior to termination of its FS Agreement of the quantity of Working

Storage Gas being held by Seller for Customer's account and the

above options available to Seller in the event Customer fails to

withdraw all of its Working Storage Gas by the end of said Storage

Contract Year. In the event Seller is unable to withdraw Customer's

properly nominated volumes, up to the Customer's Maximum Daily

Withdrawal Quantity, on any Day during the last Storage Contract

Year prior to the expiration of the Agreement, then the term of the

Agreement shall be extended by the number of days Seller is unable

to tender quantities of Gas for redelivery.

 

9. DEFINITIONS

 

9.1 The term "Storage Demand Injection Quantity" shall mean a

daily quantity of one-one hundred fortieth (1/140) of the

Maximum Storage Quantity.

 

9.2 The term "Maximum Daily Injection Quantity" shall mean:

 

(a) the Storage Demand Injection Quantity as long as the

Working Storage Gas is equal to or less than fifty

percent (50%) of the Maximum Storage Quantity.

 

(b) Seventy-five percent (75%) of the Storage Demand

Injection Quantity as long as the Working Storage Gas is

equal to greater than fifty percent (50%) of the Maximum

Storage Quantity.

 

9.3 The term "Storage Demand Withdrawal Quantity" shall mean a

number of dths equal to 1/90 or 1/110 of the Maximum Storage

Quantity reduced by the dths required for Seller's Withdrawal

Use, as set forth on Exhibit A of this Agreement.

 

9.4 The term "Maximum Daily Withdrawal Quantity for service with

Storage Demand Withdrawal Quantity of 1/90 of the Maximum

Storage Quantity" shall mean:

 

(a) Storage Demand Withdrawal Quantity as long as Customer's

Working Storage Gas is equal to or greater than thirty

percent (30%) of the Maximum Storage Quantity.