Ozark Gas Transmission, L. L. C.
Original Volume No. 1
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Effective Date: 10/01/2001, Docket: RP00-408-001, Status: Effective
Original Sheet No. 60F Original Sheet No. 60F : Effective
RATE SCHEDULE PAL (continued)
(b) Transporter's prevailing operations require
Transporter to notify Shipper that it must
receive all or part of Shipper's Parked
quantities, and Shipper fails to comply
within the specific time frame; and/or
(c) A Shipper's PAL account reflects a balance
at the termination date of the executed PAL
Agreements.
If Transporter notifies Shipper that deliveries of
Parked quantities must be suspended or be reduced,
only those quantities Parked in violation of the
notification shall become the property of
Transporter at no cost to Transporter, free and
clear of any adverse claims. The value of any
Natural Gas so retained by Transporter, net of
costs, shall be subject to Transporter's penalty
revenue crediting mechanism set forth in Section
23 of the General Terms and Conditions of this
Tariff.
7.5 In the event any of the following occurs:
(a) Transporter's prevailing operations require
Transporter to notify Shipper that receipt of
Shipper's Loaned quantities must be suspended
or be reduced, and Shipper continues to
receive Loaned quantities;
(b) Transporter's prevailing operations require
Transporter to notify Shipper that all or
part of Shipper's Loaned quantities must be
returned to Transporter, and Shipper fails to
comply with the specified time frame; and/or
(c) A Shipper's PAL account reflects a balance at
the termination date of the executed PAL
Agreement,
Loaned quantities shall be sold to Shipper at twice the
highest midpoint daily index price for Natural Gas at
Reliant (North/South) as set forth in Gas Daily's "Daily
Price Survey" for the month in which the PAL activity
occurred; provided, however, that if Gas Daily's "Daily
Price Survey" for a given month does not include a price for
Natural Gas delivered to Transporter at Reliant
(North/South), the index price shall be the highest of: (1)
the highest midpoint daily index price for Natural Gas at
Reliant (North/South) published in Gas Daily's "Daily Price
Survey" in the preceding month, or (2) the highest midpoint
daily index price for Natural Gas at Reliant (North/South)