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.