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. 119 Original Sheet No. 119
(ii) all reasonable out-of-pocket expenses including, without
limitation, legal fees incurred by the Non-Defaulting Party by reason
of the enforcement and protection of its rights under the terminated
Service Agreements.
(e) No further payments, Deliveries, or services under the terminated
Service Agreements will thereafter be required, except with regard to
obligations accruing before the Early Termination Date if not already
included in Net Termination Amount, including, without limitation, a
Customer’s obligation to return Gas loaned to it under a Service
Agreement for ILS service if the Service Agreement transaction period
is over but the Customer has not yet returned the Gas to Caledonia or
Caledonia’s obligation to return Gas parked in the Caledonia System
under a Service Agreement for IPS service if the Service Agreement
transaction period is over but Caledonia has not yet returned the Gas
to Customer.
(f) The Net Termination Amount shall be paid by the close of business
on the second (2nd) Business Day following the Early Termination Date.