Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 04/01/2008, Docket: RP08-227-000, Status: Effective

Original Sheet No. 216D Original Sheet No. 216D : Pending

 

 

ENERAL TERMS AND CONDTIONS

(Continued)

 

32A. THIRD PARTY USE GAS ADJUSTMENT

 

 

(ii) the portion of the total Third-Party Use Gas Over

Collection or Third-Party Use Gas Under Collection

allocable to Withdrawal Transactions during the

Tracking Period ("Withdrawal Transaction Use Gas

Over/Under Collection") will be calculated as the

product of (1) the Third-Party Use Gas Over Collection

or Third-Party Use Gas Under Collection, as

applicable, during the Tracking Period; and (2) the

Withdrawal Percentage.

 

(c) Shipper will receive its pro rata share of the Injection

Transaction Use Gas Over/Under Collection based upon the sum

of:

 

(i) the product of the Injection Transaction Use Gas

Over/Under Collection for the applicable Tracking

Period and Shipper's total Storage Injection Quantity

during the Tracking Period as a percentage of the

total quantity of all Shippers' Injection Transactions

during such Tracking Period; and

 

(ii) the product of the Injection Transaction Use Gas

Over/Under Collection for the applicable Tracking

Period and Shipper's total LBS Undertake Quantity

during the Tracking Period as a percentage of the

total quantity of all Shippers' Injection Transactions

during such Tracking Period.

 

(d) Shipper will receive its pro rata share of the Withdrawal

Transaction Use Gas Over/Under Collection based upon the sum

of:

 

(i) the product of the Withdrawal Transaction Use Gas

Over/Under Collection for the applicable Tracking

Period and Shipper's total Storage Withdrawal Quantity

during the Tracking Period as a percentage of the

total quantity of all Shippers' Withdrawal

Transactions during such Tracking Period; and