Quest Pipelines (Kpc)
Second Revised Volume No. 1
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Effective Date: 10/01/2009, Docket: RP09-1019-000, Status: Effective
Original Sheet No. 94 Original Sheet No. 94
RATE SCHEDULE PAL (Continued)
PARK AND LOAN SERVICE
6.4 To the extent Shipper fails to comply with such notice, KPC shall
cash out (a) parked gas at seventy five percent (75% or 0.75
times) the Lowest Weekly Price for any month(s) in which the park
occurs as determined under Section 12.11(a)(1) of the General
Terms and Conditions of this FERC Gas Tariff, and (b) loaned gas
at one hundred and twenty five percent (125% or 1.25 times) the
Highest Weekly Price for any month(s) in which the loan occurs as
determined under Section 12.11(a)(2) of the General Terms and
Conditions of this FERC Gas Tariff.
7. TERMINATION OF CONTRACT OR SERVICE ORDER
Shipper must close out all park and loan transactions on or before the
date of expiration of its Service Agreement or applicable service order.
To the extent shipper fails to close out its transactions by the date of
expiration of Shipper's Service Agreement or applicable service order,
KPC shall treat Shipper's remaining parked or loaned quantities pursuant
to Section 6.4 of this Rate Schedule.
8. GENERAL TERMS AND CONDITIONS
The General Terms and Conditions of KPC's FERC Gas Tariff are applicable
to this Rate Schedule and are hereby made a part hereof.