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. 79 Original Sheet No. 79
RATE SCHEDULE IBS
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(3) MEP shall account separately under each IBS
Agreement for all nominations to each specified end-use facility and
for volumes actually utilized at each end-use facility; provided,
however, that to the extent aggregation is permitted under Section
7(c) hereof, MEP shall account for all aggregated facilities on an
aggregated basis. Any difference on any Day between nominations and
physical gas flow under the linked FTS or ITS Agreement to the
specified end-use facility or facilities in the direction of swing
specified in the Access Request for that Day shall be allocated to
the IBS Agreement unless otherwise expressly agreed. The resulting
volume, which may be positive or negative, is the IBS Balance. Such
differences in the opposite direction from the Access Request shall
be allocated to the linked transportation Agreement or to other
services contracted by Shipper pursuant to a predetermined allocation
Agreement. Service hereunder allows Shipper to have daily imbalances
or variances within the level of the confirmed Access Request.
Volumes allocated to the IBS Agreement hereunder shall be treated as
unauthorized overrun if the resulting IBS Balance is not within the
volume level consistent with Shipper's confirmed Access Request under
this Section 6. Volumes allocated to the IBS Agreement hereunder in
excess of the maximum daily access volume or the maximum allowable
cumulative IBS Balance which are consistent with the confirmed Access
Request shall be authorized overrun under Section 8 of this Rate
Schedule IBS.
(c) MEP shall provide to Shipper its best information on the
IBS Balances under an IBS Agreement by at least one half hour prior
to the time timely nominations are due for the next Gas Day. MEP
shall identify both the IBS Balance for the Day and the cumulative
IBS Balance. In the event that an allocation under Section 6(b)
results in Shipper having a positive or negative IBS Balance, then
unless otherwise agreed, Shipper shall be obligated to make a timely
IBS Payback nomination under the linked transportation Agreement
based on such timely information provided by MEP in the next daily
nomination cycle up to its MDQ under the linked transportation
Agreement to bring its IBS Balance for a day to zero (IBS Payback
nomination). Such IBS Payback nominations may also be made at the
time intraday nominations are due under the next Daily nomination
cycle. MEP may adjust such IBS Balance information in future periods
and Shipper's future payback obligations shall be adjusted
accordingly, but Shipper may rely on any information provided by MEP