Young Gas Storage Company, Ltd.

Original Volume No. 1

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Effective Date: 08/01/1999, Docket: RP99-359-000, Status: Effective

Second Revised Sheet No. 111E Second Revised Sheet No. 111E : Superseded

Superseding: Substitute First Revised Sheet No. 111E

 

FORM OF STORAGE SERVICE AGREEMENT

APPLICABLE TO RATE SCHEDULE FS-1

(Continued)

 

1. Applicable notification(s) of such alterations

should be provided to the affected Parties

reasonably proximate in time to the time during

which the event causing the alteration was acted

upon by the confirmation Requester or Confirming

Party, respectively. With respect to the

implementation of this process via the 1.4.x

standards, Confirming Parties should send the

applicable document(s) to the applicable

Party(ies) no later than the next time they are

slated to communicate Confirmations or Scheduled

Quantities (as applicable).(GISB Standard 1.3.44)

 

2. When Young complies with the final regulations

established by the Commission regarding the

communication of business transactions via the

Internet (per Order No. 587-G), direct notice of

Bumping using the Internet E-mail or direct

notification to a Customer's Internet URL address

will be made. Until that time, Young shall

provide notice of Bumping in the same manner as

notification of Operation Flow Orders.

 

(v) Young shall notify interruptible Customers of any

applicable penalties which will apply on the Day such

Customers quantities are reduced (Bumped).

 

(vi) Scheduling of Intraday Nominations shall be based on

the elapsed pro rata scheduled quantities.

Elapsed-prorated-scheduled quantity means that

portion of the scheduled quantity that would have

theoretically flowed up to the effective time of the

Intraday Nomination being confirmed, based upon a

cumulative uniform hourly quantity for each

Nomination period affected. (GISB Standard 1.2.12)