Petal Gas Storage Company

Original Volume No. 1

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Effective Date: 09/01/1994, Docket: RP94-339-000, Status: Effective

First Revised Sheet No. 54 First Revised Sheet No. 54 : Effective

Superseding: Original Sheet No. 54

ISS RATE SCHEDULE

INTERRUPTIBLE STORAGE SERVICE

(continued)

 

7.2 Petal shall have the right to propose to the FERC

or other governing regulatory body such changes in its rates

and terms of service as it deems necessary, and this Agreement

shall be deemed to include any changes which are made

effective pursuant to order or regulation or provisions of

law, without prejudice to Customer's right to protest the

same; provided however, that any negotiated rates between

Petal and its Customer(s) shall remain in effect during the

term of the ISS Agreement(s).

 

 

8. CURTAILMENT

 

If, due to any cause whatsoever, Petal's capability to

receive or deliver volumes is impaired so that Petal is unable

to receive or deliver the volumes provided for in its ISS

Agreements with Customers, then capacity, withdrawals, and/or

injections will be allocated according to the priority of

service as set forth in Section 4 of the General Terms and

Conditions of this Tariff.

 

 

9. EXPIRATION OF TERM

 

At least ten (10) Business Days prior to the end of the

primary term or any renewed term of the Customer's ISS

Agreement, Petal shall notify Customer to withdraw all of the

ISS gas quantities held in storage by Petal for the account of

Customer. If Customer fails to withdraw such ISS storage gas

by the end of the term, then Petal may take, free and clear of

any adverse claims, title to such ISS storage quantities as

Customer was required to withdraw. Petal's notice to Customer

may be given verbally, but shall be confirmed in writing or

via Petal's EBB. If Customer was unable to withdraw its ISS

gas quantitie due to an interruption of Customer's withdrawal

service during the last ten days before termination, Customer

shall be allowed to withdraw its remaining gas at a schedule

to be determined by Petal.