Monroe Gas Storage Company, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 04/29/2009, Docket: RP09-447-002, Status: Effective

Substitute Original Sheet No. 169 Substitute Original Sheet No. 169

Superseding: Original Sheet No. 169

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

8. CAPACITY RELEASE (Continued)

 

8.15 Adverse Notices to Releasing Customers. Operator shall provide the

original Releasing Customer with e-mail notification reasonably

proximate in time with any of the following formal notices given by

Operator to the Releasing Customer's Replacement Customer(s), of the

following:

 

(a) Notice to the Replacement Customer regarding the Replacement

Customer's past due, deficiency, or default status pursuant to

Operator's tariff;

 

(b) Notice to the Replacement Customer regarding the Replacement

Customer's suspension of service notice;

 

(c) Notice to the Replacement Customer regarding the Replacement

Customer's contract termination notice due to default or

credit-related issues; and

 

(d) Notice to the Replacement Customer that the Replacement

Customer(s) is no longer creditworthy and has not provided credit

alternative(s) pursuant to Operator's tariff.

 

8.16 Permanent Capacity Releases. To the extent that any Customer desires to

release all or any part of its firm rights under an open-access rate

schedule on a permanent basis, the procedures specified in this Section

8.16 shall apply. In addition, the Replacement Customer that will

acquire the capacity from Customer must provide the credit information

required by Section 2.3 of these General Terms and Conditions. For any

permanent capacity release, the minimum bid acceptable to Operator shall

be a bid for the remainder of the term of Customer's Service Agreement

at the rate(s) Customer is obligated to pay Transporter for the capacity

to be permanently released. In the event there is a request for a

permanent release of Customer's capacity, Operator will agree to

discharge the Releasing Customer of liability, on a prospective basis,

in whole or in part, provided, the Replacement Customer meets the

minimum acceptable credit standard set forth in Section 2.3(b)(1) of

these General Terms and Conditions. Operator may refuse to allow a

permanent capacity release if it has a reasonable basis to conclude that

it will not be financially indifferent to the release. If Customer's

request to permanently release capacity is denied by Operator, Operator

shall notify Customer by way of email and shall include in the

notification the reasons for such denial.