Crossroads Pipeline Company

First Revised Volume No. 1

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Effective Date: 11/01/2001, Docket: RP02- 14-000, Status: Effective

Original Sheet No. 190 Original Sheet No. 190 : Effective

 

GENERAL TERMS AND CONDIITONS

(Continued)

 

18. TRANSFERS OR IMBALANCE NETTING AND TRADING

 

18.1 Transfers Generally. A Shipper may transfer imbalances in its account to its other account(s) or the

accounts of other Shippers under this Section. For purposes of this Section, the term "account" shall mean

a Shipper's gas account under a transportation Service Agreement with Transporter. A Shipper seeking to

transfer imbalances between accounts pursuant to this Section shall notify Transporter electronically

through Transporter's EBB using Transporter's approved nomination form as set forth on Transporter's EBB.

Transporter shall not be obligated to provide any information to a Shipper concerning the account status of

other Shippers' accounts. Transporter will permit a Shipper, upon request, to post on Transporter's EBB an

announcement of Shipper's desire to transfer imbalances, but Shipper shall remain responsible for making all

arrangements effecting the proposed transfer.

 

18.2 No Cost Transfers. A Shipper may transfer imbalances from an account under an FT-1 or IT-1 Service

Agreement with Transporter to an account under an FT-1 or IT-1 Service Agreement with Transporter without

incurring transportation charges or surcharges, and without assessment of Retainage on the transferred

quantity.

 

18.3 Nominated Transfers. A Shipper seeking to transfer imbalances from and to accounts under Service

Agreements with Transporter other than those permitted without cost or assessment of Retainage as set forth

in Section 18.2 shall nominate such imbalance quantities for transportation pursuant to the terms of the

Service Agreement with Transporter under which said imbalance is held in account for Shipper. Such

nomination shall be pursuant to Section 6 (Nominations, Scheduling and Monitoring) of the General Terms and

Conditions. Nominated and transferred imbalance quantities shall be subject to the charges and surcharges,

and assessment of Retainage applicable to the Service Agreement with Transporter specified in the

nomination.

 

18.4 Effectiveness of Transfers. Any transfer made pursuant to Section 18.2 shall be effective on the

date a Shipper's completed nomination form is received by Transporter electronically through its EBB, unless

Transporter rejects the transfer within two business days of Transporter's receipt of such completed

nomination form pursuant to Section 18.5. Any transfer made pursuant to Section 18.3 shall be effective on

the date a Shipper's nomination to transport imbalance quantities is received by Transporter electronically

through its EBB, unless Transporter rejects the nomination prior to transportation pursuant to Section 18.5.

A transfer shall become effective as of a date certain in accordance with the foregoing, and shall have

prospective, as opposed to retroactive, effect with respect to the affected accounts from that date certain.

The cumulative balance in such affected accounts shall be adjusted as of the effective date of a transfer in

accordance with the transfer.