Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Fourth Revised Sheet No. 87 Fourth Revised Sheet No. 87
Superseding: Third Revised Sheet No. 87
GENERAL TERMS AND CONDITIONS
9.16 Effective Date of Release and Acquisition. The effective date of the
release by a Releasing Shipper and acquisition by a Replacement
Shipper shall be on the date so designated in the Replacement
Capacity Agreement (posted term effective date) or Storage Service
Agreement referenced above.
(a) The Reservation Rates for any released firm capacity shall be
the Reservation Rates bid by Replacement Shipper. Such rate
shall not be less than Transporter's minimum or more than
Transporter's maximum Reservation Rates in effect from time to
time, except as noted in Section 9.11(c) of the GT&C.
(b) Replacement Shipper shall pay the applicable maximum Quantity
Injection Rate and Quantity Withdrawal Rate in addition to all
other applicable charges and surcharge(s) for the service
rendered unless otherwise agreed by Transporter.
(c) For a release based on a volumetric reservation rate, maximum
and minimum Reservation Rates will be equal to the authorized
overrun rates for Rate Schedule FS-1 as shown on the Statement
9.18 Marketing Fee. A Releasing Shipper may request that Transporter
actively market the capacity to be released. In such event, the
Releasing Shipper and Transporter shall negotiate the terms of the
marketing service to be provided by Transporter and the marketing
fee to be charged therefor.