Florida Gas Transmission Company, LLC

Fourth Revised Volume No. 1

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Effective Date: 07/12/2010, Docket: RP10-842-000, Status: Effective

First Revised Sheet No. 247 First Revised Sheet No. 247

Superseding: Original Sheet No. 247

 

GENERAL TERMS AND CONDITIONS

(continued)

 

5. Underage Alert Day Balancing

 

Underages in Alert Day Accounts are deemed for balancing

purposes to be sold to other Shippers on Transporter's

System. A Delivery Point Operator with an underage recorded

in the Alert Day Account shall receive an Alert Day Credit

calculated as the underages recorded in the Delivery Point

Operator's Alert Day Account (for the Operating Account

Agreement) multiplied by 50% of the lowest simple average by

zone of the daily midpoint prices for the indices listed in

the cash-out provisions of Section 14.B, for the week in

which the Alert Day occurred. Such balancing credit will be

accounted for pursuant to Section 24.

 

6. Alert Day Tolerance Percentage

 

For each Alert Day invoked, Transporter shall determine in

its sole discretion, reasonably exercised, the Tolerance

Percentage it deems appropriate to improve the particular

operating situation; provided, however, that the Tolerance

Percentage shall not be less than the greater of 2% or 500

MMBtu. Such Tolerance Percentage shall be stated in the

Alert Day notice issued.