Petal Gas Storage Company
Original Volume No. 1
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Effective Date: 10/01/2002, Docket: RP02-435-000, Status: Pending
Third Revised Sheet No. 54 Third Revised Sheet No. 54 : Pending
Superseding: Second Revised 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 thirty (30) 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 all of the 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, and
Petal shall be able to sell such ISS gas. Petal's notice to Customer may be
given verbally, but shall be confirmed in writing or via Petal's Internet
website. If Customer was unable to withdraw its ISS gas quantities 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.