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)