Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 01/07/2008, Docket: RP08-113-000, Status: Effective
Second Revised Sheet No. 143 Second Revised Sheet No. 143 : Effective
Superseding: Sub First Revised Sheet No. 143
RATE SCHEDULE MNPAL
PARK AND LOAN SERVICE
(continued)
8. IMPAIRMENT OF RECEIPTS AND DELIVERIES (continued)
8.7 Title to loaned quantities shall be transferred to Customer and
Customer shall be obligated to pay for each Dekatherm of such gas
at a price equal to 150% of the average of the Gas Daily postings
for the Midpoint Price for the Dracut (into TN) posting for the
seven-Day period beginning three Days before the Day on which the
loan occurred, in the event that any of the following situations
occur:
(a) Pipeline's operating conditions require Pipeline to notify
Customer that deliveries of Customer's loaned quantities
must be suspended or reduced, and Customer fails to comply
with such notification; and/or
(b) Pipeline's operating conditions require Pipeline to notify
Customer that all or a part of Customer's loaned quantities
must be returned to Pipeline, and Customer fails to comply
within the specified time frame; and/or
(c) The PAL 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.
If Pipeline notifies Customer, pursuant to Sections 8.3 and/or
8.7(a) herein, that deliveries of Customer's loaned quantities
must be suspended or reduced, only those quantities taken by the
Customer in violation of the notification shall be transferred to
Customer and Customer shall be obligated to pay for each Dekatherm
of such gas at a price calculated as described in this Section
8.7. Pipeline shall credit the Fuel Retainage Quantity Deferred
Account as provided in Section 20 of the GT&C, with the net
proceeds from the operation of this Section 8.7.
9. GOVERNMENTAL AUTHORIZATIONS
Park and Loan Services under executed MNPAL Service Agreements shall be
implemented pursuant to any applicable self-implementing authorization
or program of the Commission for which Pipeline has filed or in which
Pipeline has agreed to participate.