Transcolorado Gas Transmission Company LLC

Second Revised Volume No. 1

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Effective Date: 12/28/2007, Docket: RP08-167-000, Status: Effective

Original Sheet No. 124 Original Sheet No. 124 : Effective

 

RATE SCHEDULE PALS

 

5. TERM

 

5.1 The term of service hereunder shall be set forth in the PALS

Agreement between Shipper and TransColorado. The PALS RO shall have a

separately stated term or terms applicable to a particular transaction, which

term may not extend beyond the term of the related PALS Agreement. Upon

termination of any PALS Agreement and of any PALS RO, service by TransColorado

to Shipper thereunder shall be terminated and automatically abandoned.

 

5.2 TransColorado may terminate any PALS Agreement if TransColorado is

required by the FERC or some other agency or court to provide service for

others utilizing the interruptible system capacity or capabilities required

for service under such PALS Agreement, or if TransColorado ceases (after

receipt of any requisite regulatory authorization) to offer service of the

type covered by the PALS Agreement. Settlement of such terminated agreement

shall be pursuant to Section 8.4.

 

6. RATE

 

6.1 (a) For the Park and Loan Service rendered to Shipper under this

Rate Schedule PALS, Shipper shall pay TransColorado each month the sum of the

following charges:

 

(i) An Initial Rate for each unit of gas tendered for park

or taken for loan during that month;

 

(ii) A Park/Loan Balance Rate for each unit of gas which is

parked or loaned under this Rate Schedule PALS for that month (such charge

shall be calculated on the basis of the daily ending balance for each PALS RO

for each day of the month); and

 

(iii) A Completion Rate for each unit of gas returned to

TransColorado on completion (payback) of a loan or received by Shipper on

completion (reversal) of a park that month.

 

The maximum and minimum rate(s) applicable to this Rate Schedule PALS

are set forth in the Currently Effective Rates section of this Tariff,

Original Volume No. 1. On any day, the sum of the Initial Rate, the Park/Loan

Balance Rate and the Completion Rate assessed for any park or loan may not

exceed the maximum PALS Initial Rate on a per unit basis.