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. 281 Original Sheet No. 281 : Effective
GENERAL TERMS AND CONDITIONS
12. BALANCING OF GAS (Continued)
G. Shipper shall remain primarily liable for its imbalances
under the provisions of this Section 12.
H. The TPP will not be permitted to act as a Shipper's agent
until TransColorado has received written notice from Shipper. The Shipper
agrees to be bound by all transactions conducted by the TPP in the Shipper's
name.
12.12 Refund of Penalty Revenues
All Operational Flow Order penalties, unauthorized overrun
penalties, cash-out penalties, parking and loaning penalties and imbalance
penalty revenues that exceed gas purchase and incremental administrative
costs, will be credited to all non-offending firm, interruptible and
negotiated-rate Shippers as set out in Section 12.10 above.