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.