Monroe Gas Storage Company, LLC
Original Volume No. 1
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Effective Date: 04/29/2009, Docket: RP09-447-002, Status: Effective
Substitute Original Sheet No. 201 Substitute Original Sheet No. 201
Superseding: Original Sheet No. 201
GENERAL TERMS AND CONDITIONS
(Continued)
29. CASUALTY INSURANCE
As an accommodation to Customers under Rate Schedules FSS, ISS, EPS, IPS and
IBS, Operator may obtain in its sole discretion and on a not unduly discriminatory
basis for the benefit of such Customers insurance coverage against casualty events
that result in the loss of Gas held in storage in the Operator's storage facility,
provided that such insurance coverage is available to Operator on commercially
reasonable terms. At Operator's request, Customer shall reimburse Operator for all
costs paid by Operator for insurance coverage obtained for the benefit of such
Customer pursuant to this Section 29. Operator's undertaking to obtain such
insurance coverage shall not be deemed to shift the risk of loss of Customer's Gas
in storage to Operator. Operator shall use commercially reasonable efforts from
time to time to identify each Customer under Rate Schedules FSS, ISS, EPS, IPS
and IBS as a named insured under any insurance policy or policies obtained pursuant
to this Section 29. A Customer's recovery of the proceeds of any insurance payment
made in respect of a casualty event involving the loss of Gas held in storage shall
be limited to Customer's allocable share of the proceeds of insurance paid over to
Operator, such share to be determined in accordance with the provisions of
Section 12.2 of these General Terms and Conditions. Operator shall make
insurance policy(ies) obtained from time to time pursuant to this Section 29
available to Customer for review upon Customer's reasonable request.