ANR Storage Company

Original Volume No. 1

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Effective Date: 11/01/2007, Docket: RP08- 16-000, Status: Effective

Third Revised Sheet No. 148 Third Revised Sheet No. 148 : Effective

Superseding: Second Revised Sheet No. 148

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

portion of the firm capacity under its existing

Agreement by agreeing to match any offer made by

others for such capacity or portion thereof by

offering a rate and term of Agreement that

produces an equivalent or greater economic value

for such capacity as defined in Section 10.1(a),

above, provided that Seller shall not be obligated

to enter into an extension of any Agreement at any

rate less than Seller's maximum applicable rates

in effect at the time of renewal.

 

(d) Priority of Firm Storage Under Agreements: All

firm Storage Agreements shall have equal priority

as to service, and shall have priority over

interruptible Storage Services under Rate Schedule

IS and Overrun Service.

 

(e) Extension of Service Agreements: Prior to the

expiration of the term of an Agreement and prior to

Seller's posting the availability of capacity under

Seller's Right of First Refusal provisions, if

applicable, Seller and Customer may mutually agree

to an extension of the term of the Agreement (the

exact length of which is to be negotiated on a case-

by-case basis, in a not unduly discriminatory

manner).

 

10.2 INTERRUPTIBLE AND OVERRUN STORAGE

 

(a) Priority Of Nominations For Interruptible and

Overrun Service: Seller, in determining the

allocation of interruptible and overrun service

capacity on any Day among Customers under Rate

Schedule IS and Rate Schedule FS, which have

nominated quantities of service desired on such

Day, shall be assigned the order of priority of

such service on the basis that the highest rate

offered for such service shall be accorded the

highest priority. If more than one nomination or

request for interruptible and overrun Storage on a

Day includes an offer of the same rate, then the

order of priority as among such nominations or

requests shall be the same. If capacity is

constrained, service among Customers within the

same priority will be allocated pro rata based

upon the quantities nominated or requested.

 

(b) A Customer desiring Interruptible or Overrun

service under Rate Schedule IS or Rate Schedule FS

in a Month shall submit to Seller, at least five

(5) Business Days prior to the start of such

Month, the rate that such Customer is willing to

pay for such service in such Month. The rate

submitted by Customer pursuant to the above

provision shall be used to determine priority

among nominations on each Day of such Month. Once

Customer's nomination is accepted, and priority is

assigned thereto pursuant to this section for such

Month, such priority