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
(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
(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
(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