Millennium Pipeline Company, L. L. C.

Original Volume No. 1

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Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective

Original Sheet No. 225 Original Sheet No. 225

 

GENERAL TERMS AND CONDIITONS

(Continued)

 

(h) Transporter should enable the imbalance trading process by:

 

(1) Receiving the Request for Imbalance Trade;

 

(2) Receiving the Imbalance Trade Confirmation;

 

(3) Sending the Imbalance Trade Notification; and

 

(4) Reflecting the trade prior to or on the next monthly

Shipper Imbalance.

 

(i) When trading imbalances, a quantity should be specified.

 

(j) Imbalance trades can only be withdrawn by the initiating

trader and only prior to the confirming trader's confirmation of the trade.

Imbalance trades are considered final when confirmed by the confirming trader

and effectuated by Transporter.

 

(k) After receipt of an Imbalance Trade Confirmation, Transporter

shall send the Imbalance Trade Notification to the initiating trader and the

confirming trader no later than twelve (12) noon (C.T.) the next business

day.

 

(l) To account for any imbalances after imbalance trading, where

Transporter associates such imbalance with a service agreement, Shipper and

Transporter should agree to designate one of Shipper's valid service

agreements in the Operational Impact Area where the original imbalance

occurred, for such purpose.