Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Eighth Revised Sheet No. 51 Eighth Revised Sheet No. 51
Superseding: Seventh Revised Sheet No. 51
GENERAL TERMS AND CONDITIONS
1.43 "Point of Withdrawal" shall mean that point where Transporter
Tenders Gas from Transporter's Storage Field for the account of
1.44 "Products" shall mean liquid and liquefiable hydrocarbons, inerts
(including, but not limited to, helium and nitrogen), sulfur, water,
and any other component of Gas removed by processing or compression,
or by means of drips or separators.
1.45 "Quick Response" shall mean the preliminary response record
generated by Transporter and made available via EDM to the
Nominating Party indicating the successful receipt of a Nomination
and the fact that such Nomination is correct and able to be
processed or is incorrect and rejected. Transporter's Quick Response
shall conform to the requirements of the Data Dictionary standards
as set forth in NAESB Standard 1.4.2.
1.46 "Rank" shall mean the relative value provided at the Nominating
Party's option as a data element in a Nomination. Such value shall
indicate the Nominating Party's requested scheduling priority among
Nominations for the same period under the same contract. One (1)
shall indicate the highest priority and nine hundred ninety-nine
(999) the lowest (NAESB Standard 1.3.23).
1.47 "Releasing Shipper" is any Shipper who has a Storage Service
Agreement and has Storage Service provided under Rate Schedule FS-1
who elects to release all or a portion of its firm capacity, subject
to the capacity release program as contained in Section 9 of these
General Terms and Conditions.
1.48 "Render" shall mean postmarked, or electronically delivered via
1.49 "Replacement Capacity Agreement" is an agreement between Transporter
and Replacement Shipper setting forth the rate(s) and the terms and
conditions of the service for using capacity rights acquired
pursuant to Section 9 of these General Terms and Conditions.
1.50 "Replacement Shipper" is any Shipper who acquires capacity rights
from a Releasing Shipper through Transporter's capacity release
program as contained in Section 9 of these General Terms and