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. 81 Original Sheet No. 81

 

RATE SCHEDULE IBS

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Payback nominations adequate to eliminate the IBS Balance have been

submitted under this Section 6. Such Balancing Service Charges shall

also apply, with no tolerance or exemption, to the extent Shipper

makes a timely and valid IBS Payback nomination which is confirmed by

MEP, but IBS Payback is not actually effectuated by Shipper. The

phrase "with no tolerance or exemption" as used herein shall mean the

following: under Section 10.8(a)(1) of the General Terms and

Conditions of this Tariff, the 0% to 5% tier does not apply and the

lowest charge ($0.10/Dth) applies to variance between 0% and 10%;

under Section 10.8(b) of the General Terms and Conditions of this

Tariff, the 0% to 3% tier does not apply and the lowest charge

(greater of $1.00 or 50% of DIP) applies to variances between 0% and

10%; and under Section 10.8(c) of the General Terms and Conditions of

this Tariff, the 0% to 3% tier does not apply and the lowest charge

(greater of $4.00 or 2 X DIP) applies to variances between 0% and

10%. Each Day for which an IBS Balance accrues is accounted for

separately for purposes of applying Balancing Service Charges and the

other provision of this Section 6. IBS Payback nominations shall

apply first to the oldest Day's IBS Balance. No Balancing Service

Charges shall apply for any Day, however, if Shipper makes a valid,

timely and adequate IBS Payback nomination for that day within the

limit specified in subsection (c) above, but that IBS Payback

nomination is not confirmed by MEP for reasons other than that the

nomination was not proper. Intraday IBS Payback nominations will not

avoid Balancing Service Charges as to volumes not timely nominated

unless confirmed by MEP and unless adequate under (c) above.

 

(e) A Shipper which is submitting an IBS Payback nomination

for any Day may, also on that Day, submit an Access Request for

additional service under this Rate Schedule IBS. Subject to the

Balancing Service Charges and the restrictions in subsection (f)

below, such Access Requests will be processed under and are subject

to the same requirements and limitations as are imposed on all Access

Requests by Sections 6(a) and 6(b) of this Rate Schedule IBS.

 

(f) The cumulative IBS Balance under an IBS Agreement may

not exceed two (2) times Shipper's MDQ, absent agreement by MEP.

 

(g) Cashout provisions of the Tariff shall only apply to IBS

Balances to the extent provided in Section 7(b) of this Rate

Schedule. All IBS Balances must be zeroed out through the Access

Request and IBS Payback nomination process in this Section 6, except

as otherwise provided in Section 7(b) of this Rate Schedule.