MidContinent Express Pipeline LLC

Original Volume No. 1

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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective

Original Sheet No. 73 Original Sheet No. 73

 

RATE SCHEDULE IBS

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5. RATE

 

5.1 (a) Shipper shall pay MEP each month for service under

this Rate Schedule IBS the sum of the following charges:

 

(1) An Access Charge as provided in subsection (b)

of this Section;

 

(2) Applicable Balancing Service Charges; and

 

(3) Any other applicable charges and penalties set

out in this Rate Schedule IBS or the General Terms and Conditions of

this Tariff.

 

(b) The Access Charge shall be the sum for the billing

month of the then effective applicable daily Access Rate under the

IBS Agreement multiplied each day by the absolute values of confirmed

daily Access Requests for that Agreement to which that rate applies

(Access Requests for swing up are not netted against Access Requests

to swing down). Notwithstanding the foregoing, the Access Charge for

any day shall be reduced to the extent that MEP curtails or

interrupts service under Rate Schedule IBS that day, with the

reduction to be calculated by multiplying the applicable daily Access

Rate times that portion of the confirmed Access Request which is

adversely affected by the curtailment or interruption. The maximum

monthly Access Charge shall be the sum for that billing month of the

applicable maximum unit daily Access Rate set out in this Tariff

multiplied each day by the absolute values of confirmed daily Access

Requests under the IBS Agreement to which that rate applies. The

Access Charge payable by Shipper shall be the applicable maximum

Access Charge unless a lower Access Charge is specified in the IBS

Agreement or a separate discount agreement is assessed under Section

5.5 of this Rate Schedule IBS, which lower charge must be consistent

with the minimum rate specified in this Tariff. By mutual agreement

between MEP and Shipper which is consistent with the pro forma

Agreement set out in this Tariff, discounts may be limited to

specific volumes.