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.