Vector Pipeline L.P.

Original Volume No. 1

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Effective Date: 06/01/2010, Docket: RP10-678-000, Status: Effective

Fifth Revised Sheet No. 122 Fifth Revised Sheet No. 122

Superseding: Fourth Revised Sheet No. 122

 

(b) Unauthorized Overrun Charge

 

If Shipper exceeds its Contracted Capacity without the

approval of Transporter, Shipper shall be subject to an

Overrun Charge in addition to the applicable reservation and

commodity charges and any balancing charges pursuant to this

section, equal to $10.00 per Dth for each Dth of Gas taken

in excess of Shipper's Contracted Capacity. Where an

unauthorized overrun occurs during an OFO, Shipper will pay

the greater of the applicable penalties as stated in

sections 9.1(a)(2) or 9.2(b).

 

3. Imbalance Trading and Netting

 

(a) Shippers may net and/or trade imbalances incurred on

Transporter's system (defined to be the Operational Impact

Area), provided such trade(s) will not have an adverse

impact on Transporter's operations and transportation

revenues. Netting of imbalances includes summing, which is

the accumulation of all imbalances above any applicable

tolerances, and offsetting, which is the combination of

positive or negative imbalances above any applicable

tolerances. All imbalances incurred by a Shipper will be

aggregated and netted at Shipper's most upstream Primary

Receipt Point.

 

(b) Shippers must nominate imbalance trades. Such nominations

will be processed seven (7) days a week, but may only be

processed between 9:00 am and 5:00 pm Central Clock Time.

Transporter will assist imbalance trades by posting

imbalances on its EBB. Imbalances will be posted only at

the request of Shipper and remain posted for the lesser of

ten (10) days or until Shipper requests its removal.

Transporter shall not be liable for any losses incurred by a

Shipper if a Shipper is unable to complete an imbalance

trade once it has been nominated.

 

(c) Authorizations to post imbalances that are received by

Transporter by 11:45 am will be effective by 8:00 am the

next Business Day (Central Clock Time). Imbalances

previously authorized for posting will be posted on or

before the ninth Business Day of the month. Transporter

will allow the trading of imbalances until the close of the

seventeenth Business Day of the month. To account for any

imbalance remaining after imbalance trading, where

Transporter associates such imbalance with a contract, a

Shipper and Transporter will agree to designate one of the

Shipper's valid contracts for such purpose.