Ozark Gas Transmission, L. L. C.

First Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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