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.