Texas Eastern Transmission, L P
Seventh Revised Volume No. 1
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Effective Date: 11/16/2009, Docket: RP10-53-000, Status: Effective
First Revised Sheet No. 354 First Revised Sheet No. 354
Superseding: Sub Original Sheet No. 354
RATE SCHEDULE PAL
(Continued)
7.4 If Customer requests delivery of parked quantities and Pipeline is unable to return the
Gas to Customer, then Customer has the option to: (i) suspend the Daily Charge and
extend the term of the transaction until Pipeline is able to return the Gas to
Customer; or (ii) trade the balance with another Customer that has an offsetting loan
balance at the same PAL Point of Transaction.
If Customer requests to return loaned quantities to Pipeline and Pipeline is unable to
accept such receipts, then Customer has the option to: (i) suspend the Daily Charge
and extend the term of the transaction until Pipeline is able to accept such receipts
from Customer; or (ii) trade the balance with another Customer that has an offsetting
park balance at the same PAL Point of Transaction.
7.5 Parked quantities shall become the property of Pipeline at no cost to Pipeline, free and
clear of any adverse claims, in the event that any of the following situations occur:
(a) Pipeline's operating conditions require Pipeline to notify Customer that receipts of
parked quantities must be suspended or reduced, and Customer fails to comply within
the specified time frame with such notification; and/or
(b) Pipeline's operating conditions require Pipeline to notify Customer that all or a
part of Customer's parked quantities must be removed, and Customer fails to comply
within the specified time frame with such notification; and/or
(c) The PAL account reflects a balance at the termination date of the associated Exhibit
A to the Customer's PAL Service Agreement or at the end of any mutually agreed upon
extension of the termination date, and Pipeline's operating conditions require the
removal of the parked quantities.
If Pipeline notifies Customer, pursuant to Sections 7.2 and 7.5(a), that receipts of
parked quantities must be suspended or reduced, only those quantities parked by the
Customer in violation of the notification shall become the property of Pipeline at no
cost to Pipeline, free and clear of any adverse claims.