Midwestern Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 08/09/2006, Docket: RP06-430-001, Status: Effective

Third Revised Sheet No. 79 Third Revised Sheet No. 79 : Effective

Superseding: First Revised Sheet No. 79

 

RATE SCHEDULE PAL

PARK AND LOAN SERVICE

 

 

3. RATE AND PAYMENT (Continued)

 

3.3 Negotiated Rates

 

Notwithstanding any provision of Company's effective FERC Gas Tariff to the

contrary, Company and Buyer may mutually agree in writing to rates, rate

components, charges or credits for service under this Rate Schedule that differ

from those rates, rate components, charges or credits that are otherwise

prescribed, required, established or imposed by this Rate Schedule or by any

other applicable provision of Company's effective FERC Gas Tariff. If Company

agrees to such differing rates, rate components, charges or credits

("Negotiated Rates"), then the Negotiated Rate(s) shall be effective only for

the period agreed upon by Company. During such period, the Negotiated Rate

shall govern and apply to the Buyer's service and the otherwise applicable

rate, rate component, charge or credit which the parties have agreed to replace

with the Negotiated Rate, shall not apply to, or be available to, the Buyer.

At the end of such period, the otherwise applicable maximum rates or charges

shall govern the service provided to Buyer. Only those rates, rate components,

charges or credits identified by Company and Buyer in writing as being

superseded by a Negotiated Rate shall be ineffective during the period that the

Negotiated Rate is effective; all other rates, rate components, charges or

credits prescribed, required, established or imposed by this Rate Schedule or

Company's Tariff shall remain in effect. Company shall make any filings at the

FERC necessary to effectuate a Negotiated Rate.

 

4. RATE SCHEDULE PAL POINTS OF SERVICE

 

4.1 Listing of Available Parking and Lending Points

 

Company shall post the name and location of all Parking Points and Lending

Points of service.

 

A Parking Point and Lending Point shall be associated with an existing physical

point of service on Company's system.

 

4.2 Addition or Deletion of Points of Service

 

Company shall post from time to time additions or deletions to the list of

available points of service. If Company terminates a point of service where

parked quantities are to be returned to Buyer or loaned quantities are to be

returned to Company, such point(s) of service shall remain available for the

limited purpose of completing such outstanding transactions unless Buyer and

Company mutually agree to utilize a different Parking Point or Lending Point.

 

4.3 Use of DRN Numbers

 

In order to facilitate PAL service under this Rate Schedule, Parking Points and

Lending Points shall be assigned nominatable DRN numbers. Such DRN numbers

shall be posted.