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. 103 Original Sheet No. 103

 

GENERAL TERMS AND CONDITIONS

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1.10 DAILY INDEX PRICE OR DIP

 

"Daily Index Price" or "DIP" shall mean for any Day the

volume weighted average of the midpoint prices published for such

Day, using flow Day and volume data as shown for the following

indices:

 

(a) The Gas Daily Daily Price Survey for the East

Texas-North Louisiana Area, NGPL, Texok Zone (Midpoint Column);

 

(b) The Gas Daily Daily Price Survey for Mississippi-

Alabama, Transco, Zone 4 (Midpoint Column).

 

In the event that any index referenced above is unavailable or if the

indices in the aggregate do not meet FERC requirements as to

liquidity, MEP will post that information on its Interactive Website

and shall discontinue use of that referenced index in computing the

Daily Index Price. During any period when an index is unavailable,

MEP shall compute the Daily Index Price using the published index

prices that remain available. If any index remains unavailable for

sixty (60) days, MEP shall make a limited tariff filing pursuant to

Section 4 of the Natural Gas Act requesting Commission authorization

to adopt an appropriate replacement index to use in the computation

of the Daily Index Price. MEP will consult with Shippers at any time

when the referenced index is not to be used and a replacement index

is used. Shippers may protest MEP's filing with the Commission.

 

1.11 DAY OR GAS DAY

 

"Day" or "Gas Day" shall mean a period of twenty four

(24) from nine o'clock (9:00) a.m. and ending at nine o'clock (9:00)

a.m. Central Clock Time.

 

1.12 DELIVERY POINT

 

The term "Delivery Point" shall mean any Point at which

MEP delivers to or for the account of Shipper Gas which has been

transported by MEP under any Rate Schedule in this Tariff, as

specified in an Agreement, or a Point at which Gas is delivered to

Shipper pursuant to a Request Order under Rate Schedule PALS or as

applicable to service under such Agreement by operation of this

Tariff.