Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 08/01/2009, Docket: RP09-809-000, Status: Suspended
Third Revised Sheet No. 209 Third Revised Sheet No. 209
Superseding: Second Revised Sheet No. 209
GENERAL TERMS AND CONDITIONS
(continued)
1. DEFINITIONS (continued
"Month" shall mean the period beginning at 9:00 a.m. CT, on
the first Day of a calendar Month, and ending at the same
hour on the first Day of the next succeeding calendar
Month.
"NEB" shall mean the Canadian National Energy Board.
"Netting" is the term used to describe the process of
resolving imbalances for a Customer within an Operational
Impact Area. There are two types of Netting:
a. Summing is the accumulation of all imbalances above
any applicable tolerances for a Customer or agent.
b. Offsetting is the combination of positive and negative
imbalances above any applicable tolerances for a Customer
or agent.
For Pipeline, the definition in (a) above is applicable to
the Imbalance Netting provisions set forth in Section 11.5
of the General Terms and Conditions.
"Nomination Period" shall mean a period of time that
Customer includes in a nomination for gas service.
"Operational Impact Area" shall describe a Transportation
Service Provider's designation of the largest possible
area(s) on its system in which imbalances have a similar
operational effect. For Pipeline, the entire pipeline
system shall comprise a single Operational Impact Area.
"Operator" shall mean M&N Operating Company or such other
entity as Maritimes & Northeast Pipeline, L.L.C. may
designate.