Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 03/01/2004, Docket: RP04-152-000, Status: Effective

First Revised Sheet No. 58B First Revised Sheet No. 58B : Effective

Superseding: Original Sheet No. 58B

RATE SCHEDULE PALS

PARK AND LOAN SERVICE

(continued)

 

2. APPLICABILITY AND CHARACTER OF SERVICE (continued)

 

2.5 Customer's Service Agreement shall designate the Maximum Aggregate

Quantity ("MAQ")to be parked and/or loaned at any one time under the PALS

transaction. Each PALS Service Agreement shall establish the MAQ and

applicable quantities contemplated to be parked and/or loaned under the

specific transaction, e.g., daily, monthly, the schedule contemplated for

return of loaned quantities and/or withdrawal of parked quantities, the term

of the transaction (including contemplated schedules), the points and rate(s)

applicable and the applicable information for the automatic service option

described in Section 2.4 above.

 

2.6 Notwithstanding any provisions of this tariff to the contrary, any

particular parking or lending transaction provided under this Rate Schedule

shall be for a term mutually agreed upon by MRT and Customer. Customer shall

be obligated to return all quantities of gas loaned by MRT and such return

must occur at the agreed to receipt point(s). Customer must make any

necessary arrangements with MRT and/or third parties to deliver gas to the

designated parking point(s) or return point(s) for loaned gas and/or to

receive and transport loaned gas or parked gas upon withdrawal from the

point(s) at which the gas is loaned or received for parking. Transportation

service is not provided under this Rate Schedule. If Customer and MRT agree

that Customer may withdraw parked quantities or return loaned quantities at

point(s) other than the initial point(s) of the park or loan, then Customer

shall nominate under separate transportation agreement(s) with MRT, and pay

rate(s) applicable to such service, to effectuate receipt or delivery of the

gas from or to the other point(s); provided, however, if MRT accepts return of

loaned gas at a receipt point different than that agreed to or contemplated

when MRT billed Customer for any transportation and delivery under a

transportation service supplied with quantities from its borrowed account,

MRT, on a subsequent invoice, may adjust Customer's invoice for transportation

service for the month during which such loan occurred to reflect any

additional amounts owed as a result of the changed receipt point and Customer

shall pay MRT such additional amounts. If MRT loans gas to Customer, or