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. 100 Original Sheet No. 100

 

GENERAL TERMS AND CONDITIONS

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1. DEFINITIONS

 

1.1 AGREEMENT

 

"Agreement" shall mean an agreement subject to, as

applicable, Rate Schedule FTS, ITS, PALS or IBS.

 

1.2 ANCHOR SHIPPER

 

"Anchor Shipper" shall mean a Shipper holding one or

more FTS Agreements utilized to support the initial certification

of the System and were entered into prior to the Commencement Date

provided that, unless otherwise mutually agreed, such Shipper must

hold in the aggregate at least 150,000 Dth/d of firm capacity in

Zone 1 and at least 150,000 Dth/d of firm capacity in Zone 2 for a

minimum term of 10 years under such FTS Agreements; and provided

further that such Shipper is not a Foundation Shipper.

 

1.3 AUTHORIZED OVERRUN

 

"Authorized Overrun Gas" shall mean those volumes of Gas

nominated and confirmed for transportation by Shipper on any Day in

excess of its currently effective MDQ, to the extent such Gas is

scheduled under Section 6 of these General Terms and Conditions.

 

1.4 AVERAGE INDEX PRICES

 

(a) "Average Monthly Index Price" or "AMIP" for each

calendar Month, to be used for calculations under Section 36 of

these General Terms and Conditions (relating to Fuel Gas and

Unaccounted For Gas), shall be determined using prices published in

Platts' monthly "Gas Daily Price Guide" in the table entitled

"Midpoint Averages, (Month)". "AMIP" shall be equal to the

weighted average of the prices for the Month for NGPL, Texok zone

and for NGPL, Midcontinent, with NGPL, Texok zone weighted at 64%

and NGPL, Midcontinent weighted at 36%.

 

If one or both of the above monthly prices is no

longer published by Gas Daily, the equivalent monthly average

prices in the Energy Intelligence Group publication "Natural Gas

Week" will be used to determine "AMIP".