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. 103 Original Sheet No. 103

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

1. DEFINITIONS (Continued)

 

1.20 "Fuel Reimbursement" shall have the meaning specified in Section 14 of

these General Terms and Conditions.

 

1.21 "GAAP" shall have the meaning assigned in Section 2.3(a)(1) of these

General Terms and Conditions.

 

1.22 "Gas" shall mean natural gas in its natural state, produced from wells,

including casinghead gas produced with crude oil, natural gas from wells

and residue gas resulting from processing both casinghead gas and gas

well gas.

 

1.23 "Interruptible" shall mean the storage, parking, wheeling, loaning,

imbalance trading, or balancing services which are subject to

interruption at any time by Operator and where a Customer may be

required to withdraw gas held in storage or provide gas to Operator,

pursuant a Hub Services Agreement or a Service Agreement applicable to

Rate Schedule ISS, should such capacity or quantities be required by a

higher priority service.

 

1.24 "Interruptible Storage Inventory" shall mean the quantity of gas in

Customer's account under Rate Schedule ISS.

 

1.25 "Intra-day Nominations" shall mean a nomination submitted after the

nomination deadline whose effective time is no earlier than the

beginning of the gas day and runs through the end of that Gas Day.

 

1.26 "Loan Balance" shall mean the quantity of gas, expressed in Dth, that

Operator has loaned to Customer, provided that the Loan Balance shall

never exceed Customer's MLQ specified in Exhibit A of Customer's Hub

Services Agreement.

 

1.27 "Market Value of Loaned Gas" shall have the meaning assigned in Section

2.3(c)(6) of these General Terms and Conditions.