Williston Basin Interstate Pipeline Co.
Second Revised Volume No. 1
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Effective Date: 11/01/1997, Docket: RP98- 3-001, Status: Effective
Substitute Third Revised Sheet No. 245 Substitute Third Revised Sheet No. 245 : Effective
Superseding: Second Revised Sheet No. 245
GENERAL TERMS AND CONDITIONS (Continued)
15. BALANCING AND NOMINATION VARIANCE PROCEDURES (Continued)
15.5 Cash-Out Procedure: After the period described in Subsection
15.4, Transporter and Shipper shall utilize a cash-out
procedure to be reflected in the monthly bill whereby any
remaining imbalance represented by the difference between total
receipts (net of any fuel reimbursement provided in-kind) and
total deliveries under each transportation Service Agreement
during the preceding month will be divided by either the total
deliveries in the case of a positive imbalance, or the total
receipts (net of any fuel reimbursement provided in-kind) in
the case of a negative imbalance, in order to determine the
applicable percentage of "Excess Receipts" or "Excess
Deliveries". The Index Price Multiplier applicable to the
resulting imbalance percentage as shown below will be
multiplied by the imbalance quantity and the applicable Index
(The rest of this sheet has been intentionally left blank.)