Gulf Crossing Pipeline Company LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 12/20/2008, Docket: RP09-61-000, Status: Effective
Original Sheet No. 952 Original Sheet No. 952
GENERAL TERMS AND CONDITIONS
Section 14
(Continued)
(2) Imbalance Due Gulf Crossing - In the event of an
imbalance when actual allocated delivery quantities
exceed actual allocated receipt quantities at the end
of each month, Gulf Crossing will invoice the
transportation Customer for such imbalance
(i) Such bill will be calculated by multiplying the
sum of the imbalance plus the applicable cash
for fuel charge by the index "sell" price
determined above multiplied by each of the
following factors for the applicable percentage
range:
Imbalance Level Factor
0% to 2% 1.0
Above 2% to 5% 1.25
Greater than 5% 1.50
The imbalance level will be calculated by dividing
the imbalance by the actual receipt quantities.
(ii) The Customer shall pay Gulf Crossing in
accordance with Section 18 of Gulf Crossing's
General Terms and Conditions.
(3) Imbalance Due Customer - In the event of an imbalance
when actual allocated receipt quantities exceed
actual allocated delivery quantities at the end of
each month, Gulf Crossing will provide a credit on
the invoice to the transporting Customer