Young Gas Storage Company, Ltd.

Original Volume No. 1

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

First Revised Sheet No. 96A First Revised Sheet No. 96A

Superseding: Original Sheet No. 96A

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

16. RESERVATION AND CAPACITY CHARGE CREDIT

 

16.1 Reservation Charge Adjustment. If Transporter, on any Day within the

Withdrawal Period, fails to withdraw from storage and Tender the

quantities requested to be withdrawn by Shipper from storage up to

Shipper's ADWQ, the Reservation Charge for the Month in which such

Day occurs will be reduced. Such reduction shall be in an amount

equal to the product obtained by multiplying the quantity of Gas

that Transporter failed to withdraw and Tender on any such Day (up

to Shipper's ADWQ) by the Reservation Rate as set forth in Exhibit A

of the Agreement (converted to a daily amount by being divided by

the number of days in the month) rounded to the nearest hundredth of

a cent. Such amount shall be credited against Shipper's Reservation

Charge for the next Month.

 

Transporter shall not be required to adjust the Reservation Charge

if failure to accept Gas from Shipper for injection or failure to

withdraw and Tender Gas for Shipper's account is due to Shipper's

failure to perform in accordance with this Rate Schedule, the

Agreement, or this Tariff.

 

16.2 Storage Capacity Charge Adjustment. If Transporter, during the

Injection Period, fails to accept from Shipper quantities of Gas

Tendered by Shipper for injection into storage, up to Shipper's MAC,

Transporter shall provide a credit to Shipper. Such credit shall be

in an amount equal to the lesser of (1) the product of the quantity

of Gas Transporter failed to accept multiplied by the Storage

Capacity Rate as set forth in Exhibit A of the Agreement or (2) the

difference between Shipper's MAC and the amount actually in storage

for Shipper's account on the last Day of the Injection Period

multiplied by the Storage Capacity Rate as set forth in Exhibit A of

the Agreement.

 

Transporter shall not be required to provide a Storage Capacity

Charge Adjustment if failure to inject Shipper's MAC is due to

Shipper's failure to perform in accordance with this Rate Schedule,

the Agreement, or this Tariff.