Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-948-000, Status: Effective
Third Revised Sheet No. 142 Third Revised Sheet No. 142
Superseding: Second Revised Sheet No. 142
RATE SCHEDULE MNPAL
PARK AND LOAN SERVICE
(continued)
8. IMPAIRMENT OF RECEIPTS AND DELIVERIES (continued)
8.5 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 Point of Transaction. The Daily Charges
will be reinstated when pipeline system conditions allow the receipt
or delivery of these quantities.
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 Point of Transaction. The Daily
Charges will be reinstated when pipeline system conditions allow the
receipt or delivery of these quantities.
8.6 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 with such notification
within the specified time frame; 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 with such notification
within the specified time frame; and/or
(c) the MNPAL account reflects a balance at the termination date of
the associated Exhibit A to the Customer's MNPAL 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 8.3 and/or 8.6(a)
herein, 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.
Pipeline shall credit the Fuel Retainage Quantity Deferred Account as
provided in Section 20 of the GT&C with the value of the gas retained
pursuant to this Section 8.6. The value of the gas retained by Pipeline
shall be determined based on the net proceeds from the sale of such gas
retained pursuant to Section 11.7A of the GT&C and the proceeds shall be
credited to the Fuel Retainage Quantity Deferred Account at the time of
the sale.