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. 216E Original Sheet No. 216E : Pending

 

 

ENERAL TERMS AND CONDTIONS

(Continued)

 

32A. THIRD PARTY USE GAS ADJUSTMENT

 

(ii) the product of the Withdrawal Transaction Use Gas

Over/Under Collection for the applicable Tracking

Period and Shipper's total LBS Overtake Quantity

during the Tracking Period as a percentage of the

total quantity of all Shippers' Withdrawal

Transactions during such Tracking Period.

 

(e) Shipper's total Third-Party Use Gas Adjustment for a specific

Tracking Period will be calculated based upon the sum of (1)

Shipper's share of the Injection Transaction Use Gas Over/Under

Collection calculated in Section 32A.3(c) herein; and (2)

Shipper's share of the Withdrawal Transaction Use Gas Over/Under

Collection calculated in Section 32A.3(d) herein. Specifically:

 

(i) Shipper's OSS Working Gas Account will be credited or

reduced, as applicable, based on the sum of (i) Shipper's

share of the Injection Transaction Use Gas Over/Under

Collection calculated in Section 32A.3(c)(i) herein; and

(ii) Shipper's share of the Withdrawal Transaction Use Gas

Over/Under Collection calculated in Section 32A.3(d)(i)

herein.

 

(ii) Shipper's LBS Account will be credited or reduced, as

applicable, based on the sum of (i) Shipper's share of the

Injection Transaction Use Gas Over/Under Collection

calculated in Section 32A.3(c)(ii) herein; and (ii)

Shipper's share of the Withdrawal Transaction Use Gas

Over/Under Collection calculated in Section 32A.3(d)(ii)

herein.

 

32A.4 Prior Tracking Period Adjustments

 

Should Third-Party make any modification(s) to its original

invoices regarding the retention of either Third-Party

Transportation Use Gas or Third-Party Injection Use Gas such that

the modification(s) would affect Transporter's calculation of the

Third-Party Use Gas Adjustment, and Transporter has already

calculated and applied Shipper's Third-Party Use Gas Adjustment

for the specific Tracking Period, then Transporter will

recalculate the Third-Party Use Gas Adjustment and make any

necessary adjustments to Shipper's OSS Working Gas Account

balance and/or LBS Account balance as soon as practical.