Hardy Storage Company, LLC

Original Volume No. 1

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Effective Date: 04/01/2007, Docket: CP05-150-003, Status: Effective

Original Sheet No. 32 Original Sheet No. 32 : Effective

 

 

IHSS RATE SCHEDULE

INTERRUPTIBLE HARDY STORAGE SERVICE (Cont'd)

 

 

(c) From the quantities delivered into storage for Customer, Seller

shall retain the Retainage specified in the currently effective Sheet No. 13

of this Tariff, unless otherwise negotiated by Seller and Customer, and

specified in Customer's IHSS Service Agreement. That Retainage shall be

subject to adjustment in accordance with Section 33 (Retainage Adjustment

Mechanism) of the General Terms and Conditions.

 

(d) The charges and surcharges described in this Rate Schedule are

subject to adjustment in accordance with the procedures set forth in the

General Terms and Conditions.

 

(e) Seller shall be responsible for any loss, cost, or expense

arising from any loss of Customer's gas in Seller's storage that results

from Seller's negligence or failure to exercise due diligence.

Notwithstanding the provisions in Section 22 (Possession of Gas) of the

General Terms and Conditions, Customer shall be responsible for obtaining

its own insurance for any gas in storage, and shall hold Seller harmless

from any loss, cost, or expense arising from any loss of storage gas that

results from a force majeure event or that is not the result of Seller's

negligence or failure to exercise due diligence.

 

(f) Within 60 days of the end of a contract year (April 1 to March

31), Seller shall allocate to Rate Schedule HSS Customers 100 percent of all

monies collected pursuant to Section 6(b)(1) above. Such monies shall be

allocated to Customers based on their respective HSCQ levels in effect for

that contract year.