Monroe Gas Storage Company, LLC

Original Volume No. 1

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Effective Date: 04/29/2009, Docket: RP09-447-000, Status: Effective

Original Sheet No. 54 Original Sheet No. 54

 

RATE SCHEDULE IPS

Interruptible Parking Service (Continued)

 

7. CURTAILMENT (Continued)

 

7.3 If Customer fails to comply with the notice given in accordance with the

section above, Operator shall cash out the balance quantity that

Customer was advised, but failed to reduce or eliminate, at the highest

of the "Gas Daily" "Texas Eastern, M-1" or the "Gas Daily" "Tennessee

La, 500 Leg" index price, plus ten percent (10%) for negative

Interruptible Storage Inventories, or less ten percent (10%) for

positive Interruptible Storage Inventories.

 

7.4 Operator may issue a notice requiring any Customer with an Interruptible

Storage Inventory of less than 50 Dth to eliminate its existing

Interruptible Storage Inventory within thirty (30) Days. Such notice

shall be issued by Operator to Customer by way of email or facsimile at

Operator's option. If Customer fails to comply with this notice, any

positive Interruptible Storage Inventory remaining after thirty (30)

days will be cashed out at 80% of the lowest of the "Gas Daily" "Texas

Eastern, M-1" or the "Gas Daily" "Tennessee La, 500 Leg" index price

calculated during the thirty (30) Day period, and any negative

Interruptible Storage Inventory remaining after thirty (30) Days will be

cashed out at 120% of the highest "Gas Daily" "Gas Daily" "Texas

Eastern, M-1" or the "Gas Daily" "Tennessee La, 500 Leg" index price

calculated during the thirty (30) Day period.

 

7.5 In the event that the prices referenced in this Section 7 are no longer

available or valid, Operator will file to change its tariff and may, at

its discretion, select a representative price in the interim period,

subject to refund. In the event that a more representative posting is

established, Operator will file to change its tariff to incorporate that

posting.

 

7.6 Operator shall charge Customer any transportation charge incurred by

Operator at the Operator interconnections with other pipelines that are

applicable to the cash-out of inventory balances pursuant to Sections

7.3 and 7.4 herein.