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. 47 First Revised Sheet No. 47 : Effective

Superseding: Original Sheet No. 47

 

RATE SCHEDULE IS

INTERRUPTIBLE STORAGE

(Continued)

 

 

6. STORAGE OVERRUN SERVICE

 

Customer may request Seller to provide storage service under this

Rate Schedule for quantities of gas in excess of Customer's Maximum

Storage Quantity. Service requested under this section must be

nominated separately as "overrun" by Customer. Seller may provide

such Overrun Service on an interruptible basis if, in Seller's

judgment, it can provide the service without adverse effect on

Seller's operations or on Seller's ability to meet higher priority

obligations. Customer shall pay the Overrun Service Charge pursuant

to Section 4.4 of this Rate Schedule IS for such overrun storage

service.

 

7. WITHDRAWAL PENALTY

 

If Customer fails to withdraw all Working Storage Gas quantities

held in storage by Seller for or on behalf of Customer within (45)

Days after notice as set forth in Section 2 above, or by the date

the IS Agreement terminates, then Seller may retain such remaining

quantities of Working Storage Gas free and clear of any adverse

claims, unless such failure to withdraw was due to Seller's

inability to withdraw the quantities nominated by Customer, in

which event such applicable withdrawal period shall be extended by

the number of days necessary for Seller to tender quantities of Gas

previously nominated by Customer for redelivery.

 

8. DEFINITIONS

 

8.1 The term "Maximum Daily Injection Quantity" shall mean one

thirtieth (1/30) of the Maximum Storage Quantity.

 

8.2 The term "Maximum Daily Withdrawal Quantity" shall mean the

greater of one thirtieth (1/30) of the Working Storage Gas as

of the last Day of the prior Month or one thirtieth (1/30) of

the Working Storage Gas as of the date that Seller notifies

Customer that it must withdraw all of its Working Storage Gas

within forty-five (45) days.