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