Destin Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 10/01/2003, Docket: RP03-592-000, Status: Effective
Second Revised Sheet No. 85 Second Revised Sheet No. 85 : Effective
Superseding: First Revised Sheet No. 85
GENERAL TERMS AND CONDITIONS
(Continued)
14. RESOLUTION OF IMBALANCES AND ADJUSTMENT
14.1 Resolution of Monthly Imbalances:
(a) All imbalances accrued by SHIPPER under its
transportation and Pooling Agreements shall be
resolved on a monthly basis pursuant to the
provisions herein. After each month of
transportation on COMPANY's system, COMPANY will
calculate the imbalance which exists between the
quantities of gas allocated each day to SHIPPER
for its account at the Receipt Points during that
month and the quantities of gas allocated each day
to SHIPPER for its account at the Delivery Points
during that month. All such imbalances
(overdeliveries and underdeliveries to COMPANY)
accrued by SHIPPER under each of its
transportation or Pooling Agreements (or any such
agreements under which SHIPPER has been appointed
imbalance aggregation agent with the authority to
make and receive payments under this section) will
be combined to derive a Net Monthly Imbalance (in
Dth) for purposes of the following calculations.
SHIPPER's Net Monthly Imbalance then will be
divided by the sum of the lesser of (i) the
actual Dths of gas received or (ii) the actual
Dths of gas delivered under all such agreements
during the month to produce SHIPPER's Net
Imbalance Percentage for the month.