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. 47 Original Sheet No. 47
2.8 “Caledonia” means Caledonia Energy Partners, L.L.C.
2.9 “Central Clock Time” or “CCT” means central daylight time when
daylight savings time is in effect and central standard time when
daylight savings time is not in effect.
2.10 “Commission” means the Federal Energy Regulatory Commission or any
2.11 “Contract Year” means the twelve (12) month period beginning on
the date storage service under a Service Agreement commences and each
subsequent twelve (12) month period thereafter during the term of the
Service Agreement, unless agreed otherwise in the Service Agreement.
2.12 “Credit Rating” means the Customer’s long term senior unsecured
debt rating or issuer rating (in case of no unsecured long term debt)
by S&P and Moody’s.
2.13 “Credit Support Provider” means a party providing a guarantee in
favor of Caledonia as the beneficiary thereof, in a form acceptable to
Caledonia in its sole but reasonable judgment, securing the obligations
of Customer under one or more Service Agreements.
2.14 “Critical Notices” mean information pertaining to Caledonia
conditions that affect scheduling or adversely affect scheduled Gas
2.15 “Cubic foot of Gas” equals the volume of Gas that occupies one
cubic foot at a temperature of 60 degrees Fahrenheit, a pressure of
14.73 Psia, and dry.
2.16 “Current Value” means an amount determined on the basis of
quotations from Reference Market-makers as provided in Section 23.7.
2.17 “Custodian” means a Qualified Institution selected by the
2.18 “Customer” shall mean any individual or entity executing a valid
Service Agreement with Caledonia for Service(s) hereunder.
2.19 “Daily Reference Price” means the midpoint price for “Tennessee,
La., 500 Leg” reported in Platts Gas Daily (or any successor
publication), provided if the relevant Point of Injection/Withdrawal
is not that point where Caledonia interconnects with the pipeline
facilities of Tennessee Gas Pipeline Company (the “Tennessee Point”),
such Daily Reference Price will be adjusted by the transportation costs
between the relevant Point of Injection/Withdrawal and the Tennessee
Point. If at any time the Daily midpoint prices for the applicable
reference points are not published in the manner previously