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quantities requested to be withdrawn by Shipper from storage up to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.