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.