Sg Resources Mississippi, L.L.C
Original Volume No. 1
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Effective Date: 03/01/2008, Docket: RP08-184-000, Status: Effective
Original Sheet No. 129 Original Sheet No. 129 : Pending
GENERAL TERMS AND CONDITIONS
(Continued)
required by this Section, SGRM shall auction any remaining Storage
Inventory and credit the proceeds of such sale to Customer, net of
withdrawal charges and fuel, if applicable. Customer shall
indemnify SGRM and hold it harmless from all costs, damages and
liabilities arising out of the failure of Customer to remove such
Storage Inventory and the disposal of such Storage Inventory by
sale by SGRM. SGRM shall post such quantities on the Internet Web
Site as soon as reasonably practicable. SGRM shall accept bids
only during the time period from 7:00 a.m. until ll:00 a.m. CCT on
the second Business Day following such posting. Prior to 4:00
p.m., CCT of the same Day, SGRM shall notify the Customer
submitting the highest bid. When the Gas is purchased at auction,
Customer purchasing the Gas must provide identification of the
existing Storage Service Agreement with SGRM under which Customer
shall store all such Gas purchased. Customer purchasing the Gas
agrees to pay the applicable storage rate on the Gas purchased
beginning on the date the bid was accepted at auction.
(c) SGRM shall provide the original Releasing Customer
with Internet e-mail notification reasonably proximate in time
with any of the following formal notices given by SGRM to the
Releasing Customer's Replacement Customer(s), of the following:
(1) Notice to the Replacement Customer regarding the Replacement
Customer's past due, deficiency, or default status pursuant to
SGRM's tariff;
(2) Notice to the Replacement Customer regarding the Replacement
Customer's suspension of service notice;
(3) Notice to the Replacement Customer regarding the Replacement
Customer's contract termination notice due to default or credit-
related issues; and
(4) Notice to the Replacement Customer that the Replacement
Customer(s) is no longer creditworthy and has not provided credit
alternative(s) pursuant to SGRM's tariff.