Southeast Supply Header, LLC

Original Volume No. 1

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Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective

Original Sheet No. 145 Original Sheet No. 145

 

RATE SCHEDULE PALS

Parking and Lending Service

(CONTINUED)

 

4. OPERATIONAL REQUIREMENTS OF TRANSPORTER (continued)

 

(a) In the event that the specified time for removal or

return of Gas quantities is the next Day, the time frame

for required removal or return shall begin from the time

that Shipper receives notice from Transporter. Notices

provided after business hours for the next Day will be

provided to Shipper via Electronic Communication. In

the event that Shipper makes a timely and valid

nomination in response to notification by Transporter to

remove parked quantities and/or return loaned

quantities, Shipper shall be deemed to have complied

with Transporter's notification; and

 

(b) Unless otherwise agreed by Shipper and Transporter: (i)

any parked quantity not nominated for removal within a

time frame specified by Transporter's notice shall

become the property of Transporter at no cost to

Transporter free and clear of any adverse claims; (ii)

any loaned quantity not returned within the time frame

specified by Transporter's notice shall be sold to

Shipper at Transporter's Cashout Price at the >25%

Imbalance level for Imbalances Due Transporter, pursuant

to Section 8.7(b) of the General Terms and Conditions.

 

Any penalty revenues received by Transporter as a result of

the operation of Section 4.1(b) above will be credited

pursuant to Section 23.1(a) of the General Terms and

Conditions.