Petal Gas Storage, L. L. C.
Original Volume No. 1
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Effective Date: 01/09/2010, Docket: RP10-229-000, Status: Effective
Original Sheet No. 29 Original Sheet No. 29
FSS-1 RATE SCHEDULE
FIRM STORAGE SERVICE (Continued)
FSS-1 Agreement with the qualified successor customer who submitted the
10.3 Continuation of Service. If, during the open season, Petal receives no
bids or rejects all bids, Petal and the current capacity holder may
negotiate for continuation of service under mutually satisfactory rates,
terms, and conditions. In no event, however, will such continued service
be provided at a rate lower than the highest rate bid by a qualified
prospective successor customer during the open season.
11. 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 FSS-1 Agreement, Petal shall notify Customer to
withdraw all of the FSS-1 gas quantities held in storage by Petal for the
account of Customer. If Customer fails to withdraw all of the FSS-1 gas by the
end of the term, then Petal may take, free and clear of any adverse claims,
title to such FSS-1 storage quantities as Customer was required to withdraw, and
Petal shall be able to sell such FSS-1 gas. Petal's notice to Customer may be
given verbally, but shall be confirmed in writing either by fax, electronic
mail, or via Petal's Internet website.
12. GENERAL TERMS AND CONDITIONS
Applicable provisions of the General Terms and Conditions of this Tariff, as
such provisions may be amended from time to time, are hereby incorporated by
reference and made a part of this Rate Schedule FSS-1, where applicable, and
shall supplement the terms and conditions governing service rendered hereunder,
as though stated herein; provided, however, that in the event of any
inconsistency, the terms of this Rate Schedule FSS-1 shall control.