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

(continued)

 

 

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

and/or tariff.

 

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.