Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 03/01/2004, Docket: RP04-152-000, Status: Effective
Original Sheet No. 58F Original Sheet No. 58F : Effective
RATE SCHEDULE PALS
PARK AND LOAN SERVICE
5. MONTHLY BILL: (continued)
5.2 Other Charges and Retentions.
(a) If Customer fails to return loaned gas when required to do so
under this Rate Schedule, unless MRT otherwise agrees, Customer shall be
obligated to pay MRT for the deficient quantities calculated on the same
basis used to calculate the Index Sell Price for the applicable zone
under Section 10 of the General Terms and Conditions using the higher of
the applicable price for the month the gas was loaned, or for the month
in which return was required, and a premium factor of 1.5.
(b) If Customer fails to withdraw from its parked account all (or
part, if so directed by MRT) of such gas when required to do so under
this Rate Schedule, unless MRT otherwise agrees, MRT shall take title to
such Gas free and clear of any adverse claims; provided, however, for
purposes of Section 2.8(a) above, if, and to the extent that, MRT had no
transport capacity available on its system (including to alternate
points) which prevented Customer from arranging for such withdrawal on a
timely basis, such title transfer shall be suspended or delayed.
(c) A bill for a month may also include amounts attributable to filing
and other fees, penalties and charges provided by this Rate Schedule
5.3 Suspension of Daily Balance Rate. If, and to the extent that,
Customer nominates to return loaned gas and MRT does not have any capacity
available on its system on that day to schedule such receipts (including at
alternate points), MRT shall suspend the Daily Balance Rate for the quantity
of gas and for the period for which capacity was unavailable.
6. GENERAL TERMS AND CONDITIONS:
All of the General Terms and Conditions of this tariff, except to the extent
otherwise specified, including from and after their effective date any future
modifications, additions or deletions to said General Terms and Conditions,
shall be applicable to service rendered under this Rate Schedule and, by this
reference, are made a part hereof.