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. 56 Eighth Revised Sheet No. 56

Superseding: Seventh Revised Sheet No. 56

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4.1 (continued)

 

(a) Request Fees and Prepaid Charges. All initial requests for firm

service shall be accompanied by payment of the lesser of

$10,000 or one month's maximum storage capacity charge and

reservation charge as earnest money for the request. Such

amount shall be applied to amounts due Transporter for services

rendered once service commences and shall not be refundable

except to the extent that Transporter fails to provide an

agreement for the requested service or where an agreement is

not executed by either Party.

 

If a Shipper elects to prepay charges pursuant to Section 12 of

these General Terms and Conditions, the prepaid charges will be

applied against amounts due Transporter once service commences.

If service does not commence, the prepaid charges will be

refunded with interest.

 

(b) Such requests, if complete and accompanied by the appropriate

fee, shall be considered effective on the date received by

Transporter.

 

(c) Upon execution of an Agreement with Transporter, Shipper shall

provide to Transporter (1) the name of the corporate entity or

entities ultimately receiving the Gas, if other than a local

distribution company, interstate pipeline company, or

intrastate pipeline company purchasing Gas for its system

supply, and such names shall be included in the Agreement; (2)

verification that the entity or entities have signed sales

contracts to use the Storage Service provided for in the

Agreement; and (3) such other information as may be required in

order for Transporter to comply with any FERC reporting

requirements.

 

(d) Transporter shall keep confidential information furnished by

Shipper in Section 7 of the Request for Service form.

 

(e) If Transporter has provided an Agreement for execution to

Shipper and Shipper fails to execute and return the Agreement

within 30 days thereafter, then Shipper's request shall be null

and void.