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.