Caledonia Gas And Storage

First Revised Volume No. 1

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Effective Date: 09/30/2010, Docket: RP10-1032-000, Status: Effective

Original Sheet No. 46 Original Sheet No. 46

 

GENERAL TERMS AND CONDITIONS

1. APPLICABILITY

1.1 These General Terms and Conditions shall apply to all Gas services

rendered by Caledonia under any Service Agreement, including, but not

limited to, service under Rate Schedules FSS, AISS, ISS, IPS, AILS, and

ILS, provided that in the event of any inconsistency the terms of the

Rate Schedules shall control.

2. DEFINITIONS

2.1 “Affiliate” when used in relation to an entity, means a corporation,

limited liability company, partnership, proprietorship or other

business entity which directly or indirectly controls, is controlled

by or is under common control with that entity. For purposes of this

definition, “control” means the direct or indirect right to elect or

cause to be elected the directors of a corporation, or corresponding

managing body for other forms of business entities, through the

ownership of shares or other interests which carry full voting or

control rights, as applicable

2.2 “Acceptable Credit Rating” means a Credit Rating of at least BBB-

by S&P and Baa3 by Moody’s. If a Customer is only rated by S&P or

Moody’s, then Caledonia may, in its sole discretion, waive its

requirement for a rating from both S&P and Moody’s. If a Customer’s

rating is BBB- or Baa3 and the outlook is Negative, Caledonia may

require further analysis.

2.3 “Authorized Overrun Quantities” means quantities of Gas which

Caledonia agrees, in its reasonable judgment, to inject or withdraw for

Customer, in excess of Customer’s Available Daily Injection

Quantity/Available Daily Withdrawal Quantity.

2.4 “Available Daily Injection Quantity” shall mean the percentage of

MDIQ available for injection by Customer on any Gas Day and that

Caledonia may be required to inject into storage.

2.5 “Available Daily Withdrawal Quantity” shall mean the percentage of

MDWQ available for withdrawal by Customer on any Gas Day and that

Caledonia may be required to withdraw from storage.

2.6 “Btu” means one British Thermal Unit, and shall be the quantity of

heat required to raise the temperature of one (1) pound of water from

fifty-eight and five-tenths degrees (58.5 degrees) to fifty-nine and

five-tenths degrees(59.5 degrees) Fahrenheit. The reporting basis for

Btu is 14.73 Psia and 60 degrees F (101.325 kPa and 15 degrees C, and

dry).”

2.7 “Business Day” means Monday through Friday, excluding Federal

Banking Holidays (as determined by the Federal Reserve Board) in the

United States.