Southeast Supply Header, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

Original Sheet No. 244 Original Sheet No. 244

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

8. IMBALANCE RESOLUTION PROCEDURES

 

8.1 For the purposes of this Section 8, "Receipt" or "Receipts" shall

mean quantities of Gas allocated pursuant to Section 7 of these

General Terms and Conditions, net of Transporter's Use, and

"Delivery" or "Deliveries" shall mean quantities of Gas allocated

pursuant to Section 7. After the end of each Service Month,

Transporter shall render to Cashout Party a statement detailing

any imbalance between Monthly Receipts and Monthly Deliveries

under all of Cashout Party's Transportation Agreements

("Imbalance Statement"). Such Imbalance Statement shall be

rendered on an electronic basis by email notification to Cashout

Party that the Imbalance Statement is available on Transporter's

LINK® System pursuant to Section 9 of these General Terms and

Conditions.

 

8.2 Cumulative Daily Transportation Imbalances shall be subject to

the following imbalance resolution procedures.

 

(a) Definition of Transportation Imbalance: "Transportation

Imbalance" shall mean the difference between a Shipper's

allocated Receipts and allocated Deliveries under any firm

or interruptible Agreement. All imbalances will be

calculated on a daily basis and designated to be at the

applicable Receipt Point.

 

(b) Definition of an Imbalance Due Cashout Party: "Due Cashout

Party" shall mean that Deliveries under an Agreement at the

Delivery Point are less than Receipts at the Receipt Point,

adjusted for Transporter's Use; such difference in quantity

is "Due To" a Cashout Party (or its Agent).

 

(c) Definition of an Imbalance Due Transporter: "Due

Transporter" shall mean that Deliveries under an Agreement

at the Delivery Point exceed Receipts at the Receipt Point,

adjusted for Transporter's Use; such difference in quantity

is "Due From" a Cashout Party (or its Agent).

 

8.3 Netting: For each Month, all cumulative Transportation Imbalances

within an Operational Impact Area will be netted among each of

Cashout Party's firm and interruptible Agreements.