Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-926-000, Status: Effective

Eighth Revised Sheet No. 103 Eighth Revised Sheet No. 103

Superseding: Seventh Revised Sheet No. 103

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

2. DEFINITIONS (Continued)

 

o "Elapsed Prorata Capacity" means that portion of the capacity

that would have theoretically been available for use prior to

the effective time of the intra-day recall based upon a

cumulative uniform hourly use of the capacity. [5.2.3/v1.7]

 

o "Elapsed-prorated-scheduled quantity" means that portion of

the Scheduled Quantity that would have theoretically flowed up

to the effective time of the intra-day nomination being

confirmed based upon a cumulative hourly quantity for each

nomination period affected.

 

o "Gas Price Index" means for each reported Day, (Saturday,

Sunday, holiday or any other non-published Day shall be the

average of the immediately preceding and immediately following

published Day's price), the midpoint in the range of prices

reported for "Chicago city-gates" as published in Platts Gas

Daily, or, if not published, an equivalent index or indicator,

which substitution shall be posted on Transporter's Web Site,

and Transporter shall revise this definition to reflect such

substitute index or indicator.

 

o "GT&C" means the General Terms and Conditions of Transporter's

Tariff, as revised and effective from time to time.

 

o "Injection Transaction" means the transaction on any Day in

which Transporter has a Storage Injection Quantity or LBS

Undertake Quantity delivered into storage on behalf of

Shipper.

 

o "LBS Account" means the designated account maintained by

Transporter for Shipper or for the account of Shipper to track the

ongoing balance of Shipper's net LBS Undertake Quantities and LBS

Overtake Quantities.

o "LBS MSQ" means the maximum quantity of Natural Gas pursuant to

Rate Schedule LBS that Transporter is required to store for

Shipper or for the account of Shipper that has executed an LBS

Service Agreement. Shipper's LBS MSQ shall be set forth on

Exhibit "A" to Shipper's Service Agreement.