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.