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. 95 Second Revised Sheet No. 95

Superseding: First Revised Sheet No. 95

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

12.3 Corrections. The time period for corrections to invoice or statement

shall be six (6) months from the date of the initial invoice or

statement with a three (3) month rebuttal period, excluding

government required rate changes. This limitation does not apply in

the case of deliberate omission or misrepresentation or mutual

mistake of fact, nor shall this limitation diminish the Parties'

other statutory or contractual rights. If there is a deliberate

omission or misrepresentation of fact, there will be no time limit

on correction of the invoice. If there has been a mutual mistake of

fact, no correction shall be made for an invoice error unless the

Party gives notice thereof within twelve (12) Months after the error

was committed. (NAESB Standard 3.3.15)

 

12.4 Prepayment of Reservation Charges and Storage Capacity Charges.

Upon a firm Shipper's election, such Shipper may, at any time,

prepay reservation charges and storage capacity charges under the

Agreement. If the Shipper elects to prepay such charges and the

Agreement is subsequently terminated in accordance with terms set

forth in the Agreement, Transporter shall refund to Shipper that

portion of any prepayment which applies to the period subsequent to

the termination.

 

12.5 Municipality Limited Liability. If a Shipper is a municipally owned

utility, (local government owned entity engaged in the provision of

utility service to its constituents) then these additional

provisions will apply. Transporter may agree that it will not

collect a municipally owned utility's unpaid invoices from the other

financial resources of the governing municipality insofar as the law

governing the municipality's utility operations prevents such

actions. The Transporter may also agree to condition the

effectiveness of multi-year obligations on appropriations, but to

obtain such a condition from Transporter, Shipper must agree to

request sufficient monies in the governing municipality's

appropriations process to meet its expected obligations under any

service agreement with Transporter. Upon request, Transporter

agrees to include a provision in Shipper's service agreement

detailing the requirements of this section.