Colorado Interstate Gas Company
First Revised Volume No. 1
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Effective Date: 06/01/2010, Docket: RP10-689-000, Status: Effective
Seventh Revised Sheet No. 355 Seventh Revised Sheet No. 355
Superseding: Sixth Revised Sheet No. 355
GENERAL TERMS AND CONDITIONS
(i) Transporter shall determine the imbalance quantity
applicable to each Agreement through the last Day of the
(ii) Shippers shall have the opportunity to reduce the
end-of-month imbalances to the extent practicable
pursuant to this Section 10. Such reductions, if any,
shall determine a final imbalance for each Agreement.
(iii) Transporter and Shipper shall Cash Out by applying the
Cash Out System Index Price to the final imbalance
(b) Determination of Cash Out Liabilities.
(i) Shipper shall not be subject to Cash Out Penalty if the
imbalance occurs at an interconnection between
Transporter's system and another interstate pipeline,
and Shipper is not at fault for the imbalance.
(ii) Imbalances for which the Shipper has not elected to be
held open for Trade shall be valued at the Cash Out
System Index Price for the Month that the imbalance
accumulated. The Cash Out System Index Price for
imbalances that were held open for Trade shall be valued
at the higher of the accumulation Month or the Trade
Month for imbalances due Transporter and the lower of
the accumulation Month or the Trade Month for imbalances
due the Shipper.
(iii) Cash Outs shall be priced at the following premium or
discount from the Cash Out System Index Price. The
imbalance percentage shall be determined by comparing
the size of the imbalance to the larger of total Receipt
or total Delivery Quantities for the Agreement under
which the imbalance is being Cashed Out. The imbalance
percentage for remaining Trade imbalances will be as
determined in the Month that the imbalance accumulated.
The appropriate Cash Out System Index Price shall be
subject to a premium for quantities owed to Transporter
and subject to a discount for quantities owed to