Midwest Gas Storage, Inc.
First Revised Volume No. 1
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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective
Original Sheet No. 515 Original Sheet No. 515 : Effective
amounts will be cashed out as follows: (i) Midwest will buy
any overages at a price equal to 50% of the Midcontinent
Spot Price index (as defined in Section 1.12), less the
maximum storage charges; (ii) Midwest will charge the
Shipper 150% of the Midcontinent Spot Price Index plus the
maximum storage charges for any underages.
4.9 Reduction in Maximum Daily Quantity. In the event that
Shipper nominates or utilizes less than 50% of its Maximum
Storage Quantity under Rate Schedule ISS for a period of
two (2) Months, Midwest may reduce Shipper's Maximum
Storage Quantity to 125% of the average utilization during
such Months, which new Maximum Storage Quantity as
applicable, shall be effective on the first Day of the
Month following the Month in which Midwest gives Shipper
notice of such reduction.
4.10 Transfer of Title to Gas in Storage
(a) A Shipper may sell Working Storage Gas to any other
Shipper under a Rate Schedule with the same priority,
either firm or interruptible, if:
(i) Both purchaser and seller of the Working Storage
Gas provides Midwest with verification of the
transfer in writing; and
(ii) The purchase does not cause either Shipper to
exceed its Maximum Storage Quantity, as
specified in the Shipper's Service Agreement.
(b) Midwest will recognize the transfer for purposes of
computing available Working Storage Gas and applicable
Injection and Withdrawal Quantities on a prospective
basis within 24 hours after receiving the written
verification required by Section 4.10(a)(i).
5. PRESSURE AT POINT(S) OF RECEIPT AND DELIVERY AND PRESSURES
5.1 Pressure at Point(s) of Receipt. Unless otherwise agreed
to by the parties as set forth in the Agreement, Shipper
shall cause the Gas to be delivered at the Point(s) of
Receipt at a pressure sufficient to allow the Gas to enter
Midwest's system at the varying pressures that may exist in