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. 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.