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. 166 Original Sheet No. 166

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

8. CAPACITY RELEASE (Continued)

 

8.13 Limitations (Continued)

 

(i) The offer to release by a Customer (Continued)

 

The Replacement Customer under Rate Schedule FSS must comply with

all obligations imposed under such Rate Schedule and its rights to

store, withdraw and/or inject gas will be subject to the

provisions thereof. If the Releasing Customer proposes to, or

requires a transfer-in-place of the portion of its Storage

Inventory in conjunction with its release and assignment of

storage capacity rights, it shall so specify in its offer to

release and such transfer shall be implemented contemporaneously

with the release and assignment subject to compliance with the

provisions of Section 17 (Gas Title Transfers) of these General

Terms and Conditions. The Replacement Customer must withdraw the

portion of its Maximum Storage Quantity by the end of the term of

the release. In lieu of withdrawing the portion of its Storage

Inventory, the Replacement Customer can also attempt to effect a

transfer of the portion of its Storage Inventory to another

storage service Customer as provided in Section 17 (Gas Title

Transfers) of these General Terms and Conditions. If the

Replacement Customer fails to withdraw or transfer the portion of

its Storage Inventory by the end of the term of its release, title

to the portion of Customer's remaining Storage Inventory will be

vested, at no cost, in the Releasing Customer which released its

capacity to the Replacement Customer on a temporary basis.