Great Lakes Gas Transport, L.L.C.
Second Revised Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-322-000, Status: Effective
First Revised Sheet No. 148 First Revised Sheet No. 148 : Effective
Superseding: Original Sheet No. 148
GENERAL TERMS AND CONDITIONS
FOR TRANSPORTATION SERVICE
(cont'd)
13. ALLOCATION AND IMBALANCES (cont'd)
IMBALANCE RESOLUTION METHODOLOGY FORM
(cont'd)
DATE: _____________________ Name of Shipper: __________________
By: __________________
Title: __________________
(end of form)
13.13 Balancing at Contract Termination
Following the termination of the transportation contract, Shipper
shall be required to correct any remaining excess or deficiency in
receipts and deliveries within thirty (30) days after the determina-
tion by Transporter that an excess or deficiency exists, or within
such longer period of time mutually agreed upon by Shipper and
Transporter.
If after such balancing period, Transporter determines that
Shipper received transportation quantities in excess of the quantities
delivered to Transporter at the receipt point(s) for Shipper's ac-
count, Transporter shall charge Shipper an amount equal to the excess
transportation quantities received by Shipper or its designee, multi-
plied by two (2) times Transporter's Negative Imbalance Cash-Out
price, as defined in Section 13.10(a), effective for the month in
which the 30-day period ends.
If after such balancing period, Transporter determines that Ship-
per delivered to Transporter quantities of gas in excess of the quan-
tities received by Shipper at the delivery point(s), Transporter shall
retain the excess transportation quantities at no cost and free and
clear of any adverse claims by any party.