Tres Palacios Gas Storage LLC
Original Volume No. 1
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Effective Date: 02/25/2009, Docket: RP09-260-002, Status: Effective
Substitute Original Sheet No. 115A Substitute Original Sheet No. 115A
GENERAL TERMS AND CONDITIONS
(Continued)
(r) A description of any Storage Inventory that must be
transferred with released storage capacity, including (i) the
quantity of Gas in Storage Inventory to be transferred to the
Replacement Customer at the beginning of the release term, (ii)
the quantity of Gas which Replacement Customer is to cause to be
in the Storage Inventory to be transferred to the Releasing
Customer at the end of the release term, (iii) the price(s) (if
applicable) to be paid by the Replacement Customer to the
Releasing Customer and/or by the Releasing Customer to the
Replacement Customer for the transfers of Gas in Storage Inventory
described in items (i) and (ii), and (iv) any other reasonable
conditions that the Releasing Customer chooses to place on the
storage inventory transfers.
4.2 Intraday Release Quantity. The daily contractual
entitlement that can be released by a Releasing Customer for an
intraday release is limited to the lesser of:
(a) the quantity contained in the offer submitted by
the Releasing Customer; or
(b) a quantity equal to 1/24th of the Releasing
Customer's MDIQ and MDWQ for the contract to be released
multiplied by the number of hours between the effective time of
the release and the end of the Day.