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. 20 Substitute Original Sheet No. 20 : Effective

Superseding: Original Sheet No. 20

 

(i) Shipper delivers or causes to be delivered to

Crossroads on any day a quantity which, after

appropriate reductions, exceeds a Shipper's

interruptible MDQ by more than 10%, unless

Shipper and Crossroads have agreed to an

Authorized Overrun pursuant to Section 6

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.

 

Percent of

Imbalance Spot Price

 

10% to 15% 90%

above 15% to 20% 80%

above 20% to 25% 70%

above 25% to 30% 60%

above 30% 50%

 

As to paragraph (a)(iii) above, the penalty shall be the

purchase by Shipper from Crossroads of the total

quantity of gas exceeding the 10% limit specified

herein at a price equal to the percent listed below of

the spot price for Midwest Delivered to Utility as

published each week in Natural Gas Week's "Gas Price

Report" for the period in which the imbalance occurred

plus applicable transportation charges for delivery

of such quantities to Crossroads at its interconnect

with