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.