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. 242 Original Sheet No. 242

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

7. DETERMINATION OF DAILY ALLOCATED RECEIPTS AND DELIVERIES (continued)

 

7.2 Prior Period Adjustments.

 

In accordance with the provisions of Sections 2 and 11 of these

General Terms and Conditions, Transporter shall use the best

information available to close its allocation of quantities for a

Service Month five (5) Business Days after such Service Month.

To the extent that adjustments are made after the date of such

close, such adjustments ("Prior Period Adjustments" or "PPA")

shall be treated under this Section 7.2. If the PPA is due to

the correction of measurement data or allocations, such

adjustments shall be processed within six (6) Months of the

applicable Service Month. If the affected party disputes the as-

adjusted quantity, it is entitled to rebut the basis for the PPA,

but only if it does so within three (3) Months of the processing

of the PPA. Notwithstanding the above-specified deadlines for

processing/rebutting PPAs, such deadlines shall not apply in the

case of deliberate omission or misrepresentation or mutual

mistake of fact. Parties' other statutory or contractual rights

shall not be diminished by this standard.