Northern Border Pipeline Company
First Revised Volume No. 1
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Effective Date: 09/01/2004, Docket: RP04-204-000, Status: Suspended
Third Revised Sheet No. 185 Third Revised Sheet No. 185 : Suspended
Superseding: Second Revised Sheet No. 185
RATE SCHEDULE PAL
PARK AND LOAN SERVICE
2. APPLICABILITY AND CHARACTER OF SERVICE (Continued)
2.3 Park and Loan (PAL) Service Options (Continued)
2.33 Company Offered Parking/Lending (OPL) (Continued)
Bids for OPL service shall be considered only if
Company has received from Buyer a proposal for
service under this Rate Schedule.
For the purposes of determining the Best Bid(s) for
a posted Company Offered Parking/Lending Service,
Company will award service on basis of highest rate
bid. In the event there is more than one Best Bid,
Company will allocate service on a pro-rata basis.
Company and Buyer shall execute Exhibit A to an
effective PAL Agreement(s) for the winning bid(s).
In the event that the receipt and delivery points
differ under a specific OPL transaction, then a
separately stated amount for transportation shall be
included in the bid. Such transportation amount
shall not be priced at less than the Minimum
Commodity Rate pursuant to Rate Schedule IT-1 on a
2.34 Buyer Authorized Automatic Parking/Lending (APL)
Buyer Authorized Automatic Parking/Lending (APL) is a
service option that allows a Buyer to pre-authorize
Company to nominate, on the Buyer's behalf, parking
and/or lending service within a supported nomination
cycle in attempt to minimize the Buyer's Stranded
Allocated Capacity in such cycle.
To initiate on a prospective basis, a Buyer must
complete and submit to Company a proposed Exhibit A to
an effective PAL Agreement.
Buyer retains the right to prospectively adjust
scheduled parking and/or lending activity nominated
via APL in subsequent nomination cycles.