Trunkline LNG Company, LLC
Second Revised Volume No. 1-A
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Effective Date: 03/07/2005, Docket: RP05-175-000, Status: Effective
First Revised Sheet No. 28 First Revised Sheet No. 28 : Effective
Superseding: Original Sheet No. 28
RATE SCHEDULE LLS (Continued)
LNG LENDING SERVICE
2.4 TLNG shall receive such Quantities of LNG as are nominated
and scheduled for repayment of the Loaned Quantity in
accordance with the nomination and scheduling provisions of
Section 3 of the General Terms and Conditions. TLNG shall
schedule such nomination only:
(1) After all other services offered by TLNG are scheduled
and to the extent permitted by TLNG's system; and
(2) If providing the Lending Service will not impede TLNG's
ability to meet its firm and interruptible service
obligations, including TLNG's system requirements.
2.5 At the time TLNG accepts Shipper's nomination, TLNG and
Shipper shall agree upon a schedule for repayment of the
Loaned Quantity, which shall provide for repayment within
thirty-one (31) days unless TLNG agrees otherwise. Shipper
shall repay the Loaned Quantity by delivering LNG to TLNG at
the Lending Point; provided, however, upon prior approval of
TLNG, Shipper may repay the Loaned Quantity by making
available to TLNG thermally equivalent Quantities of Gas at
the Point of Delivery. The repayment of Loaned Quantities
shall be nominated and scheduled in accordance with Section 3
of the General Terms and Conditions.
Notwithstanding the repayment schedule TLNG and Shipper have
agreed to, TLNG may, if operating conditions so require and
upon notification to Shipper, require Shipper to repay all,
or part, of the Loaned Quantity as rapidly as is consistent
with TLNG's operating capabilities.
Any Quantity of LNG not repaid in accordance with the
repayment schedule, the repayment period required by TLNG's
notice or by the termination of the Service Agreement,
whichever occurs first, shall be deemed to have been
purchased at two (2) times the highest weekly spot index
price for Henry Hub as published in Natural Gas Week for the
period the loan was in effect and not repaid; provided,
however, TLNG shall extend the time available for Shipper to
return the Loaned Quantity by one (1) Day for every Day
Shipper is unable to repay the Loaned Quantity because of
operational conditions at TLNG's terminal.
2.6 In no event shall TLNG be obligated to provide any Lending
Service for which capacity is not available or which would
require the construction or acquisition of new facilities or
the modification or expansion of existing facilities.