White River Hub, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-645-000, Status: Effective
Original Sheet No. 116 Original Sheet No. 116
GENERAL TERMS AND CONDITIONS
(ii) Shipper's imbalances under each RGS agreement will be
netted together for monthly imbalance calculations. Each month on or before
the 9th business day, White River will provide imbalance statements and
information on its website indicating the resulting monthly imbalance incurred
in the prior month.
(iii) Following posting of the monthly imbalance for the
prior month, Shippers will then have five calendar days to remedy any
imbalance. To remedy an imbalance, Shippers will have the ability to trade
imbalances pursuant to Section 12.4 or pay back the imbalance in the 5
calendar days following posting of the monthly imbalance pursuant to Section
(iv) At the end of the five calendar day payback period for
the prior month imbalance that was posted and after all imbalance trades and
payback have been entered, Shipper will be cashed out, in accordance with §
12.6, for the remaining imbalance.
12.4 Imbalance Trading. All imbalance trading must be conducted
through the Customer Activities Web site. If Shipper desires to trade
imbalances on the Customer Activities Web site, Shipper must consent to White
River releasing to others on the Customer Activities Web site Shipper's
monthly imbalance information.
(a) Once Shippers have agreed to trade their imbalances, each
Shipper must notify White River by completing an imbalance trading notice on
the Customer Activities Web site. This notice to White River will be deemed
to be the Shipper's direction to White River to make the imbalance trade on
the Shipper's account. If the Shippers' notices coincide, White River will
adjust Shipper's accounts to reflect the imbalance trade.
(b) Shippers are responsible for making whatever arrangements
they deem necessary to finalize and document the imbalance trade among
(c) White River shall not be liable for any losses incurred by a
Shipper if a Shipper is unable to complete an imbalance trade once Shipper has
notified White River of the imbalance trade.
(d) Shipper will be able to trade imbalances with other
Shippers that have an imbalance that will reduce each Shipper's imbalance.