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.