Saltville Gas Storage Company L.L.C.

Original Volume No. 1

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Effective Date: 05/24/2010, Docket: RP10-627-000, Status: Effective

Third Revised Sheet No. 157 Third Revised Sheet No. 157

Superseding: Second Revised Sheet No. 157

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

32.7 Filing Requirement

 

Saltville will file, prior to the commencement of service under a negotiated rate

agreement, a Statement of Negotiated Rates reflecting the Customer's exact legal

name, rate schedule, negotiated rate, the term of the negotiated rate, quantities,

points of receipt and delivery to which the negotiated rate applies, the exact

formula underlying a negotiated rate for any negotiated rate agreement, and any

other rate-related terms that apply to the negotiated rate. Such Statement of

Negotiated Rates also affirms that actual negotiated rate agreements do not deviate

in any material respect from the form of service agreements.

 

32.8 Documentation

 

Any negotiated rate agreed to by Saltville and Customer pursuant to this Section 32

shall be implemented by Saltville's completion of a pro forma Statement of

Negotiated Rates with the applicable negotiated rate-related provisions as

described herein. Saltville shall tender such pro forma Statement of Negotiated

Rates to Customer together with a transmittal letter for counter-execution by

Customer, which transmittal letter shall have the sole purpose of memorializing

Saltville's and Customer's mutual agreement to the rate-related provisions

reflected on such attached pro forma Statement of Negotiated Rates. After

execution by both Saltville and Customer, Saltville shall file a Statement of

Negotiated Rates with the Commission which shall contain rate-related provisions

identical to the rate- related provisions reflected on the pro forma Statement of

Negotiated Rates agreed to by Saltville and Customer. Any negotiated rate agreed

to pursuant to this Section 32 shall become effective only after acceptance by the

Commission; prior to such date the rate applicable to any such service shall be the

Maximum Recourse Rate.

 

32.9 Effect of Negotiated Rate

 

Customer, by agreeing to a negotiated rate, acknowledges that the otherwise

generally applicable Maximum Recourse Rate(s) shall not apply or be available to

Customer for service under the applicable service agreement during the period for

which the negotiated rate is effective, notwithstanding any adjustment to such

generally applicable Maximum Recourse Rate(s) which may become effective during the

period for which the negotiated rate is effective. If, at any time during the

period for which the negotiated rate is effective, Saltville is collecting its

effective Maximum Recourse Rate(s) subject to refund under Section 4 of the Natural

Gas Act, Saltville shall have no refund obligation to Customer even if the final

Maximum Recourse Rate(s) are reduced to a level below the negotiated rate.

Customer's right to receive credits relating to Saltville's penalty revenue or

other similar revenue, if any, applicable to service on Saltville's system shall be

governed by Saltville's FERC Gas Tariff and any applicable Commission orders and/or

regulations.