East Tennessee Natural Gas, LLC

Third Revised Volume No. 1

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Effective Date: 07/01/2004, Docket: RP04-362-000, Status: Effective

Original Sheet No. 575 Original Sheet No. 575 : Effective

 

 

 

BALANCING AGREEMENT (continued)

 

(For Use at Points of Delivery)

 

 

4.2 Continuing Obligations - Following the termination of this

Agreement, any remaining Operational Imbalance shall be corrected

in cash in accordance with Rate Schedule LMS-MA of Transporter's

FERC Gas Tariff, unless the Parties mutually agree otherwise;

provided, however, that Transporter has notified Balancing Party

of such imbalance no later than twelve months after the

termination of this Agreement.

 

4.3 This Agreement will terminate automatically upon written notice

from Transporter in the event that Balancing Party fails to pay

all of the amount of any bill for service rendered by Transporter

hereunder in accord with the terms and conditions of Section 16 of

the General Terms and Conditions of Transporter's FERC Gas Tariff.

 

ARTICLE V

 

IMBALANCE CHARGES

 

5.1 Current Charges - Commencing upon the date of execution, the

rates, charges, and surcharges to be paid by Balancing Party to

Transporter shall be in accordance with Transporter's Rate

Schedule LMS-MA and the General Terms and Conditions of

Transporter's FERC Gas Tariff.

 

5.2 Incidental Charges - Balancing Party agrees to reimburse

Transporter for any filing or similar fees, which have not been

previously paid for by Balancing Party, which Transporter incurs

in rendering service hereunder.

 

5.3 Changes in Rates and Charges - Balancing Party agrees that

Transporter shall have the unilateral right to file with the

appropriate regulatory authority and make effective changes in (a)

the rates and charges applicable to service pursuant to

Transporter's Rate Schedule LMS-MA, (b) the rate schedule(s)

pursuant to which service hereunder is rendered, or (c) any

provision of the General Terms and Conditions applicable to those

rate schedules. Transporter agrees that Shipper may protest or

contest the aforementioned filings, or may seek authorization from

duly constituted regulatory authorities for such adjustment of

Transporter's existing FERC Gas Tariff as may be found necessary

to assure Transporter just and reasonable rates.