Steuben Gas Storage Company

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-429-001, Status: Effective

Third Revised Sheet No. 126 Third Revised Sheet No. 126 : Effective

Superseding: Substitute Second Revised Sheet No. 126

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

1.22 The term "Wire Transfer" shall mean payments made/effected by

wire transfer (Fedwire, CHIPS, or Book Entry), or Automated

Clearinghouse, or any other recognized electronic or automated

payment mechanism that is agreed upon by Seller in the future.

 

1.23 The term "Working Storage Gas" shall mean the quantity of Gas held

in storage at any given time, by Seller, for the account of Customer.

 

1.24 The term "Average Monthly Storage Volume" shall mean the sum

of Customer's Working Storage Gas at the end of each Day of

the Month divided by number of Days in the Month.

 

1.25 The Term "Usage Charges" shall mean all variable charges

associated with the injection/withdrawal of Gas by Seller.

 

1.26 The Term "Mcf" shall mean one (1) thousand (1,000) cubic feet

of Gas, and when used in reference to volumes covered by this

Agreement, shall mean (1) thousand (1,000) cubic feet of Gas

containing 1,000 Btus per cubic feet.

 

1.27 The term "Transporter" shall mean CNG Transmission Corporation,

or its successor; or any other natural gas transmission company

that Customer may utilize to transport storage volumes hereunder

to and from the Point of Injection and Point of Withdrawal.

 

1.28 The term "Business Day" shall mean every Monday, Tuesday,

Wednesday, Thursday or Friday, excluding all federal banking

holidays for transactions in the United States and similar

holidays for transactions in Canada and Mexico.

 

1.29 The term "Central Clock Time" shall mean Central Standard Time

except for that period when daylight savings is in effect. During

this period, Central Clock Time shall mean Central Daylight Time.

 

1.30 The term "Operator" shall mean a party that operates the

facilities that interconnect with Seller's facilities.