Vector Pipeline L.P.
Original Volume No. 1
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Effective Date: 10/15/2007, Docket: RP07-692-000, Status: Effective
Third Revised Sheet No. 46 Third Revised Sheet No. 46 : Effective
Superseding: Second Revised Sheet No. 46
(d) In those circumstances where it is deemed necessary by
Transporter, in its sole discretion, to protect system line
pack levels, Transporter may require the injection of
quantities of Gas in Shipper's park and loan account within
twenty-four (24) hours. In the event Shipper does not cause
the injection of Gas within twenty-four (24) hours, Shipper
shall be obligated to purchase such quantities of Gas from
Transporter at the price determined as two hundred percent
(200%) of the daily contract index for Chicago-LDCs as
published in Gas Daily. Any amount received by Transporter
from Shipper in excess of 100% of the referenced daily
contract index shall be treated as penalty revenue pursuant
to GT&C section 9.5.
2.8 Not more than thirty (30) Days after the termination of the Park
and Loan Service Agreement executed by Shipper under this Rate
Schedule, Transporter will notify Shipper of Shipper's park and
loan account balance. If there is a balance remaining, Shipper
will nominate for withdrawal such quantities within thirty (30)
Days of the date of Transporter's notice.
3. RATES AND BILLING
3.1 The rates and charges payable by Shipper under this Rate Schedule
shall include all applicable rates and charges set forth in the
currently effective Statement of Rates and Charges of this Tariff.
These rates and charges are incorporated herein by reference.
3.2 Transporter may elect to provide service at a rate that is less
than the maximum but no less than the minimum rates applicable to
this Rate Schedule. However, Transporter is not obligated to
provide service at any rate less than the maximum rate, each
month, for services provided under Rate Schedule PALS-1.
3.3 Shipper shall pay Transporter each month the product of the
quantities of Gas in Shipper's park and loan account, at the end
of each Day, times the rate set forth in the effective Park and
Loan Service Agreement. If on any Day, Shipper nominates either
parked Gas to be withdrawn or loaned Gas to be delivered, but
Transporter is unable to schedule all such confirmed quantities as
nominated on that Day, Transporter will suspend any applicable
rate charges until such time as Transporter schedules the
confirmed quantities nominated.
4. REVENUE ALLOCATION AND CREDITING
4.1 Revenues derived from services provided by Transporter under this
Rate Schedule PALS-1 shall be treated as interruptible
transportation revenues for purposes of revenue allocations and
crediting and shall be retained by Transporter.