Gulf Crossing Pipeline Company LLC

Original Volume No. 1

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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