Crossroads Pipeline Company
Original Volume No. 1
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Effective Date: 10/02/1995, Docket: CP94-342-006, Status: Effective
Substitute Original Sheet No. 10 Substitute Original Sheet No. 10 : Effective
Superseding: Original Sheet No. 10
deliveries at any of the Shipper's designated Point(s)
of Receipt and/or Delivery on any day, fails to
correct such overage on a prospective basis within 24
hours after receipt by Shipper of Crossroads'
notification. Notification may be by facsimile or
telephone and is effective when given. Such penalty
shall apply on an individual Service Agreement basis.
Nothing herein shall limit Crossroads' right to take
such actions of whatever nature as may be required
to correct a daily imbalance which threatens the
integrity of Crossroads' system, including
maintenance of service to other Shippers. The
applicable penalty shall be applied to the quantities
which exceed the limits specified below, on a
prospective basis, beginning on the gas day following
initial notification by Crossroads, in the following
instances:
(i) Shipper delivers or causes to be delivered to
Crossroads on any day a quantity which, after
appropriate reductions, exceeds Shipper's
firm MDQ by more than 10%, unless Shipper and
Crossroads have agreed to a scheduled
Authorized Overrun pursuant to Section 7
hereof; or
(ii) Shipper delivers or causes to be delivered to
Crossroads on any day a quantity which, after
appropriate reductions, exceeds the
quantities taken from Crossroads by more
than 10%; or
(iii) The Shipper takes quantities from Crossroads
on any day which exceed the quantities
received by Crossroads from Shipper by more
than 10% after appropriate reductions.
(b) Daily Balancing Penalty
As to paragraphs (a)(i) and (a)(ii) above, the penalty
shall be the retention by Crossroads of the total
quantity of gas exceeding the 10% limit specified
therein and payment by Crossroads to Shipper of an
amount equal to the percentage listed below of the
spot price for Midwest Delivered to Utility as
published each week in Natural Gas Week's "Gas Price
Report" multiplied by the quantity of gas delivered in
excess of the 10% limit, and receipts may be suspended
until such time as balance is achieved.