Midwestern Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 10/01/2006, Docket: RP06-583-000, Status: Effective

Second Revised Sheet No. 78 Second Revised Sheet No. 78 : Effective

Superseding: First Revised Sheet No. 78

 

RATE SCHEDULE PAL

PARK AND LOAN SERVICE

 

 

2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)

 

2.4 Term of Service

 

Service under this Rate Schedule shall be provided for a minimum of one (1) day

and a maximum term set forth in the effective PAL Agreement between Buyer and

Company.

 

In the event parked quantities remain in Company's system and/or loaned

quantities have not been returned to Company's system by the expiration of a

PAL Agreement, Company and Buyer may mutually agree to an extended time frame

and/or modified terms, including the rate, of such PAL Agreement, to permit

Buyer to return such quantities to Company or to permit Company to return such

quantities to Buyer.

 

2.5 Nominations for Service

 

Buyer shall nominate PAL Services under this Rate Schedule in accordance with

the nomination deadlines set forth in Section 3 of the General Terms and

Conditions, except as provided for service under Subsection 2.3.4 herein.

 

2.6 Confirmation and Scheduling of Service

 

Service under this Rate Schedule shall be confirmed and scheduled, after all

other services offered by Company are scheduled and confirmed, on the basis of

the Buyer paying the highest rate at a Parking Point or Lending Point. Ties

will be confirmed and scheduled on a pro rata basis.

 

Existing quantities of gas parked or loaned by Company cannot be bumped by new

requests for parking and/or lending service.

 

3. RATE AND PAYMENT

 

3.1 Maximum and Minimum Rates

 

The daily Maximum and Minimum Rates for service under this Rate Schedule are

listed on the Summary of Rates and Charges of Company's FERC Gas Tariff.

 

Buyer shall pay the daily Maximum Rate for service under this Rate Schedule

unless a lower daily rate has been requested by Buyer and approved by Company.

Company is not obligated to accept a rate for services rendered hereunder at

less than the Maximum Rate.

 

The charge to be invoiced monthly pursuant to Section 5 of the General Terms

and Conditions for service under this Rate Schedule shall be the applicable

daily PAL rate multiplied by the quantity of gas parked or loaned, for each

separate transaction of Buyer, multiplied by the number of days within such

month that the quantity of gas is parked or loaned.

 

3.2 Discounted Rates

 

Company may from time to time, at its sole discretion, permit Buyers under this

Rate Schedule to request a daily PAL rate that is lower than the Maximum Rate

set forth in the Summary of Rates and Charges of Company's FERC Gas Tariff.

However, such discounted rate shall not be less than the Minimum Rate.