Steckman Ridge, LP
Original Volume No. 1
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Effective Date: 04/01/2009, Docket: RP09-389-000, Status: Effective
Original Sheet No. 247 Original Sheet No. 247
GENERAL TERMS AND CONDITIONS
(Continued)
5. CAPACITY RELEASE (continued)
5.15 Steckman Ridge's Rights to Terminate Temporary Capacity Releases.
(continued)
(c) Customer shall indemnify Steckman Ridge and hold it harmless
from all costs, damages, and liabilities arising out of the
failure of Customer to remove such Storage Inventory and the
disposal of such Storage Inventory by sale by Steckman
Ridge.
(d) Customer purchasing the Gas shall pay the applicable storage
rate(s) on the Gas purchased beginning on the date the bid
was accepted at auction.
5.16 Notices to Releasing Customers. Steckman Ridge shall provide the
original Releasing Customer with Internet E-mail notification
reasonably proximate in time with any of the following formal
notices given by Steckman Ridge to the Releasing Customer's
Replacement Customer(s), of the following:
(1) Notice to the Replacement Customer regarding the Replacement
Customer's past due, deficiency, or default status pursuant
to Steckman Ridge's tariff;
(2) Notice to the Replacement Customer regarding the Replacement
Customer's suspension of service notice;
(3) Notice to the Replacement Customer regarding the Replacement
Customer's contract termination notice due to default or
credit-related issues; and
(4) Notice to the Replacement Customer that the Replacement
Customer(s) is no longer creditworthy and has not provided
credit alternative(s) pursuant to Steckman Ridge's tariff.
5.17 Permanent Capacity Releases. To the extent that any Customer
desires to release all or any part of its firm rights under a firm
rate schedule on a permanent basis, the procedures specified in
this Section 5 shall apply. In addition, the Replacement Customer
that will acquire the capacity from Customer must submit a request
for service electronically via the LINK® System and provide the
credit information as required by Section 4 herein. For any
permanent capacity release, the minimum bid acceptable to Steckman
Ridge shall be a bid for the remainder of the term of Customer's
Service Agreement at the rate(s) Customer is obligated to pay
Steckman Ridge for the capacity to be permanently released.
Steckman Ridge may refuse to allow a permanent capacity release if
it has a reasonable basis to conclude that it will not be
financially indifferent to the release. If Customer's request to
permanently release capacity is denied by Steckman Ridge, Steckman
Ridge shall notify Customer via e-mail and shall include in the
notification the reasons for such denial.