Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective

Second Revised Sheet No. 80E Second Revised Sheet No. 80E

Superseding: First Revised Sheet No. 80E

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

7. RESPONSIBILITY FOR GAS AND PRODUCTS

 

7.1 Responsibility for Gas. Shipper shall be in exclusive control and

possession of the Gas until such has been received by Transporter at

the Point(s) of Injection and after such Gas has been received by

Shipper, or for Shipper's account, at the Point(s) of Withdrawal.

Transporter shall be in exclusive control and possession of such Gas

while it is in Transporter's possession. The Party which is or is

deemed to be in exclusive control and possession of such Gas shall

be responsible for all injury, damage, loss, or liability caused

thereby.

 

7.2 Responsibility for Products. Transporter may process or cause to be

processed any Gas received for the removal of Products prior to the

Delivery of same. Shipper shall have no further rights with respect

to Products obtained by Transporter from the Gas while the Gas is

in Transporter's possession. Title to all such Products shall vest

in Transporter, and Shipper shall indemnify Transporter against all

damages, costs, and expenses of any nature whatsoever arising from

every claim against said Products or the right to payment for same.

 

8. RESERVED