Equitrans, L. P.

Original Volume No. 1

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Effective Date: 11/01/2002, Docket: RP00-462-002, Status: Effective

Second Revised Sheet No. 253 Second Revised Sheet No. 253 : Effective

Superseding: First Revised Sheet No. 253

GENERAL TERMS AND CONDITIONS (Continued)

 

Agreement by the ninth business day following the

close of each month If the imbalance exceeds the

allowable tolerance of four percent (4%)calculated

by dividing the excess quantities over the total

quantities for the month, Equitrans will include in

the Customer's invoice, an imbalance charge for the

prior month calculated by multiplying the total

excess quantities by an imbalance penalty of

$10/Dth. The penalty will only be assessed against

the portion of the imbalance which exceeds the 4%

tolerance, and after paying the penalty on the

excess imbalance, the Customer is permitted to carry

forward the portion of the imbalance within the

tolerance level for resolution in the subsequent

month.

 

(ii) If the imbalance existing at the end of the month is

within the 4% tolerance, the imbalance will not be

subject to penalty, and instead will be carried

forward into the following month for in-kind

resolution through the Customer's adjustment of its

nominations in the subsequent month.

 

(iii) No imbalance penalty will be assessed against

Customers for imbalances which are the result of

force majeure, compliance with operational flow

orders or other operational conditions caused

solely by Equitrans. No imbalance penalty will be

assessed when a prior period adjustment applied to

the current period causes or increases a current

month penalty.

 

(vi) Equitrans will determine monthly imbalances on

the basis of the Customer's Service Agreements

and the trading of any imbalances pursuant to

Section 12.8a. When a single Customer has

multiple firm or multiple interruptible Service

Agreements and imbalances exist under one or

more of those Service Agreements for the month

served, Equitrans will net the offsetting