Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
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Effective Date: 12/23/2004, Docket: RP05- 88-000, Status: Effective
First Revised Sheet No. 33A First Revised Sheet No. 33A : Effective
Superseding: Original Sheet No. 33A
3. ACCOUNT BALANCES; TRANSPORTATION; ASSIGNMENTS
3.1 Transporter shall establish an account for each
Shipper using this service which reflects the Parked Balance at
each Parking Point and the Loan Balance at each Loan Point.
Whenever Transporter receives Parked Quantities from, or
delivers Loaned Quantities to, a Shipper the quantities received
or delivered will be reflected in the Shipper's Parked Balance
or Loan Balance, as appropriate, for the Park or Loan Point at
which they were received or delivered. When Parked or Loaned
Quantities are redelivered, Transporter will credit the
Shipper's account to reflect the new balance.
3.2 Transporter shall redeliver Parked Quantities and
accept redelivery of Loaned Quantities only at the Parking
Point, where Shipper parked the Parked Quantity, or the Loan
Point, where Transporter advanced the Loaned Quantity to Shipper.
3.3 In the event that Shipper wishes to move Parked
Quantities or Loaned Quantities from one Parking or Loan Point
to another Parking or Loan Point on Transporters system, Shipper
shall be responsible for arranging such transportation in
accordance with the provisions of Rate Schedule RTS or ITS and
the General Terms and Conditions of Transporter's Tariff.
3.4 Parked Quantities and Loaned Quantities may be
assigned from one Shipper to another in accordance with the
provisions of the Park and Loan Service Contract, provided that
(i) the Shipper obtaining such quantities satisfies all the
requirements of this Rate Schedule and the General Terms and
Conditions of the Tariff, and (ii) each Shipper submits the
appropriate nominations to Transporter in accordance with the
provisions of Section 4. All applicable charges will be assessed
for such transactions.