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. 207 Original Sheet No. 207

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

1. DEFINITIONS (continued)

 

The term "Maximum Daily Quantity" ("MDQ") shall mean the greatest

number of Dekatherms that Transporter is obligated to transport, on

a firm basis, to or on behalf of Shipper on any Day.

 

The term "Maximum Daily Receipt Obligation" or "MDRO" shall mean the

greatest number of Dekatherms that Transporter is obligated to

receive, on a Priority Class One basis, for or on behalf of Shipper

on any Day at the applicable Primary Receipt Point as provided for

in Section 4.1(a) of Rate Schedule FTS or, for capacity release

transactions, as displayed by Transporter in the LINK® System.

 

The term "Maximum PALS Quantity" ("MPQ") shall mean the greatest

number of Dekatherms that Shipper may have parked or loaned under

its Rate Schedule PALS Agreement at any time.

 

The term "Maximum Recourse Rate" shall mean the highest cost based

rate that Transporter is allowed to charge a Shipper who executes an

Agreement for Transportation Service.

 

The term "Mcf" shall mean one (1) thousand (1,000) cubic feet of

Gas; the term MMcf shall mean one (1) million (1,000,000) cubic feet

of Gas. (Mcf is measured on a dry basis at 14.73 psia. and 60

degrees Fahrenheit.)

 

The term "Minimum Recourse Rate" shall mean the lowest cost based

rate that Transporter is allowed to charge a Shipper who executes an

Agreement for Transportation Service.

 

The term "Month" shall mean the period beginning on the first Day of

a calendar Month and ending at the same hour on the first Day of the

next succeeding calendar Month.

 

The term "Monthly Imbalance" shall mean a Shipper's monthly quantity

subject to resolution through the Cashout mechanism described in

Section 8 of the General Terms and Conditions, calculated as the

difference between (i) allocated quantities received from a Cashout

Party for the Month, as determined in accordance with Section 7 of

the General Terms and Conditions, adjusted for Transporter's Use,

and (ii) allocated quantities delivered to a Cashout Party for the

Month, as determined in accordance with Section 7.