Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 05/10/2010, Docket: RP10-594-000, Status: Effective

Second Revised Sheet No. 88A Second Revised Sheet No. 88A

Superseding: First Revised Sheet No. 88A

 

GENERAL TERMS AND CONDITIONS

 

 

13.2 Resolution of Monthly Imbalances (cont'd)

 

 

(c) On or about the tenth (10th) Business Day after the end of

the production month, Transporter shall post on its

Internet Web Site the Net Monthly Imbalance accrued by each

Shipper during the previous month, provided Shipper

notifies Transporter's Transportation Services Department

by submitting an Imbalance Trading Election Form no later

than three (3) Business Days after the end of the month to

post its Net Monthly Imbalance for said month. After the

Net Monthly Imbalances are posted, a Shipper will have five

(5) Business Days (Trading Period) within which to trade

its offsetting Net Monthly Imbalance with another Shipper.

Both Shippers that agree to trade all or part of their Net

Monthly Imbalance must notify Transporter's Transportation

Services Department in writing on the Imbalance Trading

Confirmation Form by 5:00 p.m. Central Clock Time on the

last day of the Trading Period. [Imbalance Trading Election

Form and Imbalance Trading Confirmation Form shall be

available for downloading on Transporter's Internet Web

Site.]