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. 269 Original Sheet No. 269
GENERAL TERMS AND CONDITIONS
(CONTINUED)
20. OPERATIONAL BALANCING AGREEMENTS ("OBAs") (continued)
20.2 Transporter shall have no obligation to negotiate and execute
OBAs with any OBA Party that:
(a) is not creditworthy as determined pursuant to Section 27
of the GT&C; for purposes of such provision, references
to Shipper shall refer to the OBA Party;
(b) does not maintain dispatching operations which are
staffed on a continuous around-the-clock basis every day
of the year;
(c) would cause the level of regulation which Transporter is
subject to prior to the execution of the applicable OBA
to increase; or
(d) does not commit to timely determination of variances
based on reasonable available measurement technology; or
(e) has not demonstrated operational consistency
commensurate with the OBA relationship over a minimum
period of three years.
20.3 If Receipt Point Operators or Delivery Point Operators have not
executed an OBA with Transporter as described in Section 20.1,
then any variance between actual quantities and scheduled
quantities for any Day for that Receipt or Delivery Point shall
be cumulated for the Month for the Shipper(s) responsible for the
imbalance, and such Monthly Imbalances will be subject to the
Cashout of Monthly Imbalances as set forth in Section 8 herein.
20.4 Resolution of OBA Imbalance: Transporter and the OBA Party shall
resolve any imbalances in accordance with the procedures set
forth in the OBA. Unless otherwise agreed, OBA imbalances shall
be resolved on a monthly basis by Cashout mechanism.