Rockies Express Pipeline LLC (Entrega)
Second Revised Volume No. 1
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Effective Date: 04/01/2009, Docket: RP06-200-051, Status: Effective
First Revised Sheet No. 62 First Revised Sheet No. 62
Superseding: Original Sheet No. 62
RATE SCHEDULE PALS
8. MANDATORY BALANCING (Contd.)
8.4 A. In the event that Shipper still has Gas parked at the end of
the term of the PALS RO, Transporter will notify Shipper
according to Section 8.3 above. If Shipper fails to comply
with the notice pursuant to Sections 3 and 8.3 above, the
remaining Balance shall be forfeited to Transporter, free
and clear of any adverse claims. The realized value, net of
applicable costs, of such forfeited Gas is subject to refund
in accordance with Section 37 of the General Terms and
Conditions of this Tariff. For each Day during the period
between the end of the contract term and either the removal
by Shipper of the remaining balance or the forfeiture of Gas
to Transporter, Shipper shall pay Transporter the maximum
applicable PALS balance rate pursuant to this Tariff, unless
such other applicable balance rate is agreed to in the PALS
agreement.
B. Conversely, if the Shipper has not redelivered Gas which was
loaned by Transporter by the end of the term of the PALS RO
or within the timeframe specified in the notice in Sections
3 and 8.3 above, the Shipper must purchase the unreturned
Balance at 150% of the highest Daily Price Survey, Midpoint
Price for the indices specified below, as published in
"Platt's Gas Daily," under the "Midpoint" column, during the
period of time the Gas is scheduled to be returned pursuant
to the applicable PALS RO.
Location of PALS RO Point, as applicable:
Pipeline West or South of
Segment East of: & Including: Index
600-650
100-120 Wamsutter CIG, Rocky Mountains
130-160 Wamsutter Cheyenne Cheyenne Hub
200-290 Cheyenne PEPL-Audrain Northern demarc
County,MO
300-320 PEPL IL / IN Border Chicago city-gates
330-390 IL / IN Border Clarington Columbia Gas, Appalachia
The amounts collected in excess of 100% of the highest daily
price, as applicable, net of costs, are subject to refund in
accordance with Section 37 of the General Terms and
Conditions of this Tariff. If Operational Flow Orders are
in effect on the date Shipper is required to comply with the
notice, Shipper shall be subject to the highest penalty
charges set forth in Section 37 of the General Terms and
Conditions of this Tariff.