Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

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Effective Date: 01/01/2005, Docket: RP04-360-000, Status: Effective

First Revised Sheet No. 144 First Revised Sheet No. 144 : Superseded

Superseding: Sub Original Sheet No. 144

 

RATE SCHEDULE MNPAL

PARK AND LOAN SERVICE

(continued)

 

 

10. BALANCES

 

10.1All MNPAL balance quantities reside at the Point of Transaction at

which the original park or loan quantity was nominated, and must be

resolved at that Point of Transaction by taking delivery of the park

balance or returning the loan balance to Pipeline, as applicable.

Balances incurred under this Rate Schedule MNPAL shall be resolved via

in-kind balancing during the remaining term of the transaction, which

term is specified in Exhibit(s) A to the Customer's MNPAL Service

Agreement. Customer may resolve park and/or loan balances by

transporting such balances between Points of Transaction. The

transportation shall be accomplished by Customer's submission of a

nomination under Customer's executed transportation Service Agreement

and the subsequent scheduling and confirmation processes pursuant to

Sections 5 and 6 of the GT&C.

 

Customer shall be required to reduce to zero each park and/or loan

quantity of gas at each Point of Transaction no later than the

termination date of the Exhibit(s) A to the Customer's MNPAL Service

Agreement, or prior to any mutually agreed upon extension of that

term, applicable to that quantity. Any balances remaining upon the

termination date of the Exhibit(s) A to the Customer's MNPAL Service

Agreement, or any mutually agreed upon extension of that term, shall

be resolved in accordance with Sections 8.6 and 8.7, as applicable, of

this Rate Schedule MNPAL.

 

Pipeline shall debit or credit, as appropriate, 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 10.