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

successor agency.

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