Tres Palacios Gas Storage LLC

Original Volume No. 1

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Effective Date: 08/01/2008, Docket: RP08-424-000, Status: Effective

Original Sheet No. 125 Original Sheet No. 125

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(B) TRES PALACIOS shall provide notification of such recall to

all affected Replacement Customers no later than 3:30 P.M. CCT on

the Day that Intraday 2 Nominations are due.

 

For recall notification provided to TRES PALACIOS prior to the

recall notification deadline specified above and received between

7:00 A.M. CCT and 5:00 P.M. CCT, TRES PALACIOS shall provide

notification to all affected Replacement Customers no later than

one hour after receipt of such recall notification. For recall

notification provided to TRES PALACIOS after 5:00 P.M. CCT and

prior to 7:00 A.M. CCT, TRES PALACIOS shall provide notification

to all affected Replacement Customers no later than 8:00 A.M. CCT

after receipt of such recall notification.

 

TRES PALACIOS' notices of recalled capacity to all affected

Replacement Customers shall be provided via the Internet Web Site,

along with written notice via e-mail communication to those

Replacement Customer contact person(s) identified in the

Replacement Customer's bid submitted pursuant to Section 4.6 of

these General Terms and Conditions. Such notices shall contain

the information required to uniquely identify the capacity being

recalled, and shall indicate whether penalties will apply for the

Day for which quantities are reduced due to a capacity recall.

Upon receipt of notification of the recall from TRES PALACIOS,

each affected Replacement Customer shall revise its nominations

within the applicable nomination cycle in order to implement the

recall. Each affected Replacement Customer will be solely

responsible for adjusting its supply and transportation

arrangements, which may be necessary as a result of such recall.

Replacement Customers involved in re-release transactions may

receive notice slightly after the first Replacement Customer

receives notice. The recalling Releasing Customer may nominate

the recalled capacity consistent with the applicable nomination

cycle, as defined in Section 8.2(f) of these General Terms and

Conditions.

 

(f) Partial Day Recall Quantity. The daily contractual

entitlement that can be recalled by a Releasing Customer for a

partial Day recall is a quantity equal to the lesser of:

 

(1) The quantity specified in the Releasing Customer's notice to

recall capacity; or

 

(2) The difference between the quantity released by the Releasing

Customer and the Elapsed Prorata Capacity.

 

In the recall notification provided to TRES PALACIOS by the

Releasing Customer, the quantity to be recalled shall be expressed

in terms of the adjusted total released capacity entitlements

based upon the Elapsed Prorata Capacity. In the event of an

intraday capacity recall, TRES PALACIOS shall determine the

allocation of capacity between the Releasing Customer and the

Replacement Customer(s) based upon the Elapsed Prorata Capacity.