Bobcat Gas Storage

Original Volume No. 1

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Effective Date: 10/15/2008, Docket: RP08-608-000, Status: Effective

Original Sheet No. 74 Original Sheet No. 74

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4. CAPACITY RELEASE (Continued)

 

4.13 Limitations (Continued)

 

Bobcat notices of recalled capacity to all affected

Replacement Customers shall be provided via the Internet Web

Site, along with written notice via e-mail communication to

those Replacement Customer contact person(s) identified in

the Replacement Customer's bid submitted pursuant to Section

4.6 of these General Terms and Conditions. Such notices

shall contain the information required to uniquely identify

the capacity being recalled, and shall indicate whether

penalties will apply for the Day for which quantities are

reduced due to a capacity recall. Upon receipt of

notification of the recall from Bobcat, each affected

Replacement Customer shall revise its nominations within the

applicable nomination cycle in order to implement the

recall. Each affected Replacement Customer will be solely

responsible for adjusting its supply and transportation

arrangements, which may be necessary as a result of such

recall.

 

(f) Partial Day Recall Quantity. The daily contractual

entitlement that can be recalled by a Releasing Customer for

a partial Day recall is a quantity equal to the lesser of:

 

(1) The quantity specified in the Releasing Customer's

notice to recall capacity; or

 

(2) The difference between the quantity released by the

Releasing Customer and the Elapsed-prorated-scheduled

Quantity.

 

In the recall notification provided to Bobcat by the

Releasing Customer, the quantity to be recalled shall be

expressed in terms of the adjusted total released capacity

entitlements based upon the Elapsed-prorated-scheduled

Quantity. In the event of an intraday capacity recall,

Bobcat shall determine the allocation of capacity between

the Releasing Customer and the Replacement Customer(s) based

upon the Elapsed-prorated-scheduled Quantity.

 

The amount of capacity allocated to the Replacement

Customer(s) shall equal the original released quantity less

the recalled capacity. This allocated daily contractual

quantity shall be used for purposes of nominations, billing,

and, if applicable, for overrun calculations. As a result of

the allocation of capacity described in this Section, Bobcat

shall not be obligated to deliver a combined quantity to the

Releasing Customer and the Replacement Customer(s) that is

in excess of the total daily contract quantity of the

release.