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. 174 Original Sheet No. 174
GENERAL TERMS AND CONDITIONS
(Continued)
11. MEASUREMENT (Continued)
11.4 Reservoir Pressure. Operator and Customer acknowledge that the pressure
that exists in the underground reservoir ("Reservoir Pressure") that
comprises a part of the Facility will vary as a function of the total
volume of gas that resides therein from time to time. The Reservoir
Pressure, in turn, will affect the rates at which volumes of gas can be
injected into or withdrawn from the Facility at any given point in time.
Accordingly, Operator reserves the right at all times to adjust the MDIQ
and/or MDWQ (and, if applicable, the MHIQ and/or MHWQ) specified in the
Service Agreement to reflect varying Reservoir Pressures, which
adjustments ("Contract Quantity Adjustment") may have the effect of
increasing or decreasing from time to time the otherwise applicable MDIQ
and/or MDWQ (and, if applicable, the MHIQ and/or MHWQ); provided however
that (a) no such Contract Quantity Adjustment shall become effective
until the later of (1) three (3) Business Days after the receipt by
Customer of written notice from Operator advising Customer of such
Contract Quantity Adjustment or (2) the date upon which such Contract
Quantity Adjustment is to become effective, as specified by Operator in
such notice and (b) for any given consecutive 12-Month period of the
term of the Service Agreement (or the entire term of the Service
Agreement, if such term is for a period of less than 12 Months), the
aggregate of all Contract Quantity Adjustments occurring during such
12-Month period shall not have the effect of reducing the average MDIQ
and MDWQ (and, if applicable, the MHIQ and MHWQ) in effect during such
12-Month period below the otherwise applicable MDIQ and MDWQ (and, if
applicable, the MHIQ and MHWQ).