Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Seventh Revised Sheet No. 63A Seventh Revised Sheet No. 63A
Superseding: Sixth Revised Sheet No. 63A
GENERAL TERMS AND CONDITIONS
(Continued)
4.8 Pregranted Abandonment. Transporter has pregranted abandonment
authorization for service provided pursuant to this Tariff. Such
abandonment shall be authorized upon the expiration of the
contractual term unless the service is firm with a term of one year
or more and the firm Shipper, pursuant to Sections 4.3(a) and (b) of
the General Terms and Conditions of this Tariff: (a) exercises any
contractual right to continue such service; or (b) gives notice that
it wants to continue its Storage Service arrangement and will match
the longest term and highest rate for its firm service, up to the
maximum rate under this Tariff for offers by any other Shipper
desiring firm capacity, and executes a contract matching the terms
of any such offer.
4.9 Governmental Authorization. Each Party's obligations under an
Agreement incorporating these General Terms and Conditions are
conditioned upon each Party obtaining from governmental authorities
having jurisdiction such authorization as may be necessary, in form
and substance satisfactory to the Party applying therefor. Neither
Transporter nor Shipper shall be required to accept any
authorization which, in the opinion of the Party applying for same,
contravenes, nullifies, or is contrary to any provisions hereof or
of such Agreement.
4.10 Applicable Law. Any Agreement executed pursuant to the Terms and
Conditions of this Tariff shall be interpreted according to the laws
of the State of Colorado.
4.11 Transporter shall not be obligated to extend or expand a lateral (as
defined in 18 C.F.R. 154.109 (b))except when, in Transporter's
reasonable discretion, such expansion or extension is appropriate.
Transporter's policy will be to require full or partial
reimbursement by the affected Shipper(s) when Transporter extends or
expands a lateral except where the Shipper's commitments and charges
provide an adequate economic basis for the connection or otherwise
create commercial opportunities or other benefits for Transporter's
operations such that Transporter reasonably determines that it is
appropriate for the costs to be borne by Transporter.