Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 09/01/2008, Docket: RP08-257-000, Status: Effective

Fourth Revised Sheet No. 127 Fourth Revised Sheet No. 127 : Suspended

Superseding: Third Revised Sheet No. 127

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(b) In the event that a Customer has received thirty (30) Days'

notice of termination of the Addendum to Customer's Capacity

Release Umbrella Agreement pursuant to Section 4.14(a) above

for storage service and there is Gas in storage for

Customer's account at the end of such thirty (30) Day

period, the Addendum shall continue in force and effect for

the sole purpose of withdrawal of said Gas by Customer until

Customer's Storage Inventory is zero. Saltville shall

require Customer to withdraw each Day a quantity equal to

the MDWQ, or such other lesser quantity acceptable to

Saltville. The requirement to withdraw storage quantities

shall be suspended on any Day to the extent that Saltville

cannot accommodate a nomination to withdraw such storage

quantities on such Day. Customer may also transfer title of

Gas remaining in Customer's Storage Inventory to another

Customer pursuant to Section 19 of Saltville's General Terms

and Conditions. In the event Customer fails to withdraw its

entire Storage Inventory within the time required by this

section, Saltville shall auction any remaining Storage

Inventory pursuant to the timeline set forth in Section 29.1

of the General Terms and Conditions and shall credit the

proceeds of such sale to Customer, net of withdrawal charges

(including Fuel Reimbursement), if applicable. Customer

shall indemnify Saltville 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 Saltville.

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.

 

4.15 Notices to Releasing Customers. Saltville shall provide the

original Releasing Customer with Internet E-mail notification

reasonably proximate in time with any of the following formal

notices given by Saltville 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 Saltville'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 Saltville's tariff.