Ozark Gas Transmission, L. L. C.
First Revised Volume No. 1
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Effective Date: 11/16/2009, Docket: RP09-1040-000, Status: Effective
First Revised Sheet No. 59 First Revised Sheet No. 59
Superseding: Original Sheet No. 59
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 PAL transaction described in the
applicable Exhibit A to Customer's executed PAL Agreement.
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 35 of the
General Terms and Conditions of this FERC Gas Tariff.
6.5 In the event any of the following occurs, loaned quantities shall
be sold to Shipper at the price set forth below:
(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 PAL transaction described in the
applicable Exhibit A to Customer's executed PAL Agreement.
Loaned quantities shall be sold to Shipper at twice the highest
midpoint daily index price for Natural Gas at CenterPoint
(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
CenterPoint (North/South), the index price shall be the highest
of: (1) the highest midpoint daily index price for Natural Gas at
CenterPoint (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 CenterPoint (North/South) published
in Gas Daily's "Daily Price Survey" in the