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. 108 Original Sheet No. 108 : Effective

 

GENERAL TERMS AND CONDITIONS (Cont’d)

 

14.1 Initiating the Release and Assignment.

 

(a) Electronic Bulletin Board. The release and assignment of

service rights by Customer shall be facilitated through Seller's Electronic

Bulletin Board (EBB), described at Section 2 (Electronic Bulletin Board) of

the General Terms and Conditions. As explained below, Customers seeking to

release and assign firm service rights (Releasors) shall post offers to

release and notices of prearranged assignments through Seller's EBB.

Potential Replacement Customers also may post offers to purchase service

rights and bids for capacity noticed by Releasors through Seller's EBB. Such

postings shall be made through the interactive features of Seller's EBB.

Seller reserves the right to request modifications in, or to delete all or

any portion of, postings that do not conform to the requirements of Section

14.1(b) below; provided, however, that Seller shall have no responsibility

for any errors, omissions, or other aspects of these postings from third

parties on its EBB.

 

(b) Release Notice. Releasor may initiate the assignment of

the service rights it is seeking to release and assign by electronically

transmitting the information specified below to Seller's EBB (Release

Notice). Such electronic Release Notice shall contain the following

information regarding the capacity that Customer is seeking to release:

 

(1) Releasor's identity, the Rate Schedule under which

Releasor seeks to release capacity, and the Service Agreement

number assigned by Seller to the Service Agreement under which

Customer seeks to release capacity;

 

(2) whether release is on a temporary or permanent basis;

 

(3) the numeric quantity on a per day basis for storage

injection, storage withdrawal, a per-release quantity for storage

capacity, and the term (duration);

 

(4) the receipt and delivery points;

 

(5) any applicable recall provisions relating to the

proposed release, and whether the Replacement Customer will have

the option to refuse the capacity after recall has ended;