Horizon Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 04/18/2002, Docket: CP00-129-001, Status: Effective
Original Sheet No. 140 Original Sheet No. 140 : Effective
GENERAL TERMS AND CONDITIONS
deliveries on that day. The point operator's account is available for
the allocation of volumes hereunder on any day except during a
Critical Time or as otherwise provided in an Operational Flow Order.
Moreover, allocations under this step (2) to a point operator's
account shall not be made to the extent such an allocation would be
inconsistent with an Operational Flow Order nor shall any such
allocation be made during a Critical Time. The cumulative volumes for
operator's account hereunder over any month may not exceed two percent
(2%) of cumulative confirmed nominations for that month or any lesser
amount specified in an Operational Flow Order. The determination
related to the prior sentence shall be made at the end of the month
and any volumes in excess of the 2% cashed-out. Such cash-out shall be
effectuated without offset, netting or trading, in accordance with
Section 11.3 of these General Terms and Conditions, except that
imbalances from 2% to 5% shall be cashed-out in the "5% to 10%" tier.
(3) Any additional volumes delivered at the point on
any day which are not accounted for by applying steps (1) through (2)
shall be allocated for that day as overrun deliveries to the point
operator's account and shall be subject to charges under Section 10 of
these General Terms and Conditions [it being understood that the
allowable balancing service to be provided without additional charge
under Section 10 has already been provided under step (2) above].