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. 590 First Revised Sheet No. 590
Superseding: Original Sheet No. 590
GENERAL TERMS AND CONDITIONS
(Continued)
8.6 Suspense Gas
(A) All Suspense Gas shall be subject to the provisions of this Section 8.6.
Pipeline shall have the right to dispose of Suspense Gas in accordance with this
Section. Pipeline shall give notice to the operator of the applicable Point of
Receipt where the Suspense Gas was received, that the Suspense Gas is subject to
these provisions and will be posted on the LINK® System. On the first Business
Day following the fifteenth of each Month, Pipeline shall post on the LINK®
System the quantity, production Day(s) received on the system, and the Point(s)
of Receipt for any Suspense Gas received in prior production Months. Pipeline
will continue to post on the LINK® System for the lesser of four (4) Business
Days, inclusive of the initial date of posting, or until a Valid Claim has been
submitted by a Claimant. In order to be a Valid Claim for purposes hereof, a
claim must (1) be provided to Pipeline in writing; (2) identify the specific
Suspense Gas received by Pipeline; (3) provide evidence of ownership of the
Suspense Gas claimed; (4) agree to indemnify Pipeline and provide evidence
acceptable to Pipeline of Claimant's ability to so indemnify Pipeline fully with
respect to any adverse claims to ownership of the Suspense Gas or to the
proceeds resulting from the sale thereof; and (5) identify an existing
transportation service agreement with Pipeline that contains the Point of
Receipt at which the Suspense Gas was received under which such quantity shall
be allocated. Claimant, as a Customer, agrees to pay the applicable
transportation rate and a charge equivalent up to the maximum ISS-1 Space Charge
on the average daily balance for each Month applicable to the period beginning
when the Suspense Gas was received by Pipeline and ending when the quantity of
Suspense Gas is delivered. All such claimed Suspense Gas must be transported
and delivered before the end of the Month following the Month in which the Gas
is claimed. Claimant's failure to transport and deliver all of such Suspense
Gas quantity before the end of such period shall subject such undelivered
quantities to Section 8.1 of the General Terms and Conditions net of the
accumulated equivalent ISS-1 Space Charge on the average daily balance for each
Month.
(B) Applicable Penalties Pursuant to Claiming Suspense Gas:
Once a Valid Claim is submitted, the Gas becomes subject prospectively to all
Cash-out provisions at Point(s) of Delivery and scheduling penalties contained
in this FERC Gas Tariff.
(C) Disposition of Suspense Gas:
(1) If a Valid Claim is not submitted during the notice period, title to the
unclaimed Suspense Gas is vested in Pipeline and Pipeline shall retain the
unclaimed Gas