Crossroads Pipeline Company
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 02/22/1997, Docket: RP97-184-000, Status: Effective
Original Sheet No. 25.5 Original Sheet No. 25.5 : Effective
7.2. Return of Loaned Quantities. For any day when Shipper desires to
return to Crossroads quantities of gas which Crossroads has delivered
for Shipper's account under this Rate Schedule, Shipper shall nominate
to Crossroads, in accordance with the General Terms and Conditions of
this Tariff, specifying the quantity of gas that Shipper desires to
return to Crossroads on such day. When Shipper's nominations are
confirmed and scheduled as required by this Tariff, Crossroads shall
receive from Shipper on such day the quantity of gas so nominated, to
the extent that Crossroads' operational conditions permit, and subject
to the limitations set forth in this Rate Schedule.
7.3 Clearance Requirements.
A. Shipper is required to reduce its Loaned Quantity to zero within
the time period specified in the Service Agreement, unless
extended by Crossroads in its sole discretion. This requirement
is to be satisfied for each quantity loaned by Crossroads.
B. If Crossroads, in its sole discretion, determines that Shipper's
Lending Service may prevent Crossroads from meeting any firm
and/or interruptible service obligations or its operational
management needs, it may notify Shipper of this determination.
Within twenty-four hours of notification by Crossroads, Shipper
must return the quantity of loaned gas specified by Crossroads
at a point specified in the Service Agreement.
8. ALLOCATION OF CAPACITY
In the event that requests for transactions under this rate schedule
exceed available capacity, the requests yielding the greatest economic
benefit to Crossroads, as determined in its sole discretion, shall be
granted first. As used in this paragraph, "economic benefit" shall be
determined on a net present value basis, based upon: (1) the proposed
rate to be paid for the Parking or Lending Service; (2) the proposed
term of the Parking or Lending Service Agreement; and (3) the proposed
MDQ for the Parking or Lending Service. Allocation of capacity pursuant
to this section shall not change the otherwise applicable curtailment
priority of the service.