Honeoye Storage Corporation
Original Volume No. 1A
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Effective Date: 01/01/2010, Docket: RP10-135-000, Status: Effective
First Revised Sheet No. 101A First Revised Sheet No. 101A
Superseding: Original Sheet No. 101
10.7 Early Termination of Service Agreements
Honeoye may, in a not unduly discriminatory manner, agree with Customer to terminate
its Service Agreement prior to the expiration date if Customer and Honeoye enter into a
financial settlement to pay an exit fee that is sufficient, taking into account the remaining
term of the Service Agreement and the value and liquidity of the capacity subscribed
under the Service Agreement being terminated or reduced, to make the termination or
reduction financially beneficial in Honeoye’s reasonable judgment.
An agreement to terminate a Service Agreement hereunder shall not constitute a material
deviation from the applicable form of service agreement.
11.1 Responsibility for Gas. Upon receipt of Gas to be stored Seller shall be in
exclusive control and possession of such Gas, until the Equivalent Quantities of
Gas have been delivered for the account of Customer after which Customer shall
be in exclusive control and possession of such Gas.