Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 03/16/2000, Docket: RP00-182-000, Status: Effective

Seventh Revised Sheet No. 48 Seventh Revised Sheet No. 48 : Effective

Superseding: Sixth Revised Sheet No. 48

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

1.8 "Central Clock Time" or "CCT" shall mean Central Standard Time

(CST) except for that period when daylight savings is in effect.

During this period, CCT shall mean Central Daylight Time (CDT).

Unless otherwise stated, all times in this Tariff are Central

Clock Time.

 

1.9 "Confirmation" shall mean the verification of the Confirmed

Quantity by the Confirming Parties. A Confirmation Response is a

report provided via EDM which conforms to the requirements of the

Data Dictionary standards set forth in GISB Standard 1.4.4. The

Explicit Confirmation process requires that the Confirming Party

respond to a Request for Confirmation or initiate an unsolicited

Confirmation Response. Absent mutual agreement to the contrary,

Explicit Confirmation is the default methodology. (GISB Standard

1.3.40)

 

(a) A "Confirmation Requester" is a Service Provider (including a

Point Operator) which is seeking to Confirm a quantity of Gas

via the information outlined in GISB Standard 1.4.3 with

another Service Provider (the Confirming Party) with respect

to a Nomination at a location. (GISB Standard 1.2.8)

 

(b) A "Confirming Party" is a Service Provider (including a Point

Operator) which provides a Confirmation for a quantity of Gas

via the information outlined in GISB Standard 1.4.4 to

another Service Provider (the Confirmation Requester) with

respect to a Nomination at a location. (GISB Standard 1.2.9)

 

(c) The term "Confirming Parties" refers to the Confirmation

Requester and the Confirming Party. (GISB Standard 1.2.10)

 

(d) "Confirmation by Exception" ("CBE") means that the Confirming

Parties agree that one Party deems that all requests at a

location are Confirmed by the other Party (the CBE Party)

without response communication from that Party. The CBE Party

can take exception to the request by so informing the other

Party within a mutually agreed upon time frame. (GISB

Standard 1.2.11)