Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 08/01/2003, Docket: RP03-534-000, Status: Effective

Original Sheet No. 241 Original Sheet No. 241 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

5. TRANSPORTATION BALANCING (Continued)

 

Imbalance

Level Factor Results

 

0% - < 5% 1.00 (price x Quantity < 5%)

 

> 5% - <10% 1.10 (price x Quantity > 5% and <10%)

>10% - <15% 1.20 (price x Quantity >10% and <15%)

>15% - <20% 1.30 (price x Quantity >15% and <20%)

>20% - <25% 1.40 (price x Quantity >20% and <25%)

>25% 1.50 (price x Quantity >25%)

 

The amount due Trunkline for each imbalance level shall be

determined by multiplying the corresponding imbalance level

factor by the highest weekly Spot Index Price, as determined

in Section 5.2(F) herein, for the Month in which the contract

imbalance was incurred, times the Quantity within each

imbalance level.

 

Shipper shall pay Trunkline as provided herein and in

accordance with Section 16 herein. If payment is not

received within ten (10) days of the date of the bill,

Shipper shall then have thirty (30) days to either pay the

bill with accrued interest or provide evidence of intent to

pay satisfactory to Trunkline. If payment, surety bond, or

other good and sufficient security is not received, Trunkline

shall give notice to Shipper, and Trunkline may suspend

service to Shipper effective immediately upon notice to

Shipper and the Commission. Trunkline shall not suspend

service in the case of a bona fide billing dispute; however,

in the event of default by a TABS-1 Party or OBA Party,

Shipper is responsible for the payment provisions contained

in this Section 5.2(D); provided, however, that in the event

that more than one Shipper is receiving service from the

TABS-1 or OBA Party, such Shipper shall be cashed out

according to the predetermined allocation methodology given

to Trunkline. In the absence of a PDA, each Shipper's pro

rata share of actual Quantities received shall be used to

determine cash out bills.

 

(E) Imbalance Due Shipper or Party

 

For contract imbalances, after minimization in accordance

with Section 5.2(B) herein, where actual receipts exceed