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

Third Revised Sheet No. 586 Third Revised Sheet No. 586

Superseding: Second Revised Sheet No. 586

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(4) The Cash-out Party shall pay Pipeline as provided herein and in accordance

with Section 10 of the General Terms and Conditions. If payment is not

received within ten (10) days of the date of the bill, Cash-out Party

shall then have thirty (30) days to either pay the bill with accrued

interest or provide evidence of intent to pay. If payment, or other good

and sufficient security is not received, Pipeline shall give notice to

Cash-out Party, and Pipeline may suspend service to Cash-out Party

effective immediately upon notice to Cash-out Party and the Commission.

Pipeline will not suspend service in the case of a valid billing dispute,

however, in the event of default by a TABS-1, TABS-2 or MBA Party, the

transportation Customer(s) is responsible for the payment provisions

contained in this section; provided, however, that in the event that more

than one transportation Customer is receiving service from a TABS-1 or

TABS-2 Service Point or MBA Zone, such Customer will be Cashed-out

according to the predetermined allocation given to Pipeline by the

supplier. If predetermined allocation is unavailable, each Customer's pro

rata share of actual quantities received will be used to determine Cash-

out bills.

 

(C) Imbalance Due Cash-out Party:

 

In the event of an imbalance, when actual deliveries are less than actual

receipts, Pipeline will purchase from the Cash-out Party such excess receipts or

deficiency of deliveries.

 

(1) Imbalance Due Cash-out Party

 

Each Month a Total Monthly Imbalance Percentage will be calculated by

using the lesser of the operational imbalance level, stated as a

percentage, or the actual imbalance level stated as a percentage. The

operational imbalance percentage shall be determined on a month-to-date

basis by dividing operational imbalances by the scheduled quantities. The

actual imbalance percentage shall be determined by dividing actual

imbalances by the scheduled quantities. Operating data and actual data

will be accessible via the LINK® System or other mutually agreeable form

of communication.