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. 160 Original Sheet No. 160
GENERAL TERMS AND CONDITIONS
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Shipper may be in writing or on MEP's Interactive Website and shall
be effective by 8:00 a.m. on the next Business Day (Central Clock
Time) if the notification is received by 11:45 a.m. on a Business
Day. Imbalance information authorized for posting through such
notification shall be posted no later than the ninth Business Day of
the Month after the imbalance occurred. Shippers shall have the
ability to post and trade imbalances until the seventeenth Business
Day of the Month after the imbalance occurred; provided, however,
that imbalances can only be traded within the Operational Impact
Areas defined in Section 10.4(d) of these General Terms and
Conditions.
(c) MEP shall enable the imbalance trading process via
its Interactive Web Site or other mutually agreeable electronic means
by:
(1) Receiving the Request for Imbalance Trade,
(2) Receiving the Imbalance Trade Confirmation,
(3) Sending the Imbalance Trade Notification, and
(4) Reflecting the trade prior to or on the next
Monthly Shipper Total Aggregate Imbalance or cashout.
(d) Imbalance trades can only be withdrawn by the
initiating trader and only prior to the confirming trader's
confirmation of the trade. Imbalance trades are considered final
when confirmed by the confirming trader and effectuated by MEP.
(e) After receipt of an Imbalance Trade Confirmation,
MEP shall, upon review and approval, effectuate the Imbalance Trade
Notification to the initiating trader and the confirming trader no
later than noon (Central Clock Time) the next Business Day.
(f) All trade requests for trades and accommodations
will be initiated via Interactive Website or other mutually agreeable
electronic means.
(g) Subject to Section 10.3 below, any Shipper
imbalance remaining after the netting and trading process will be
cashed out each Month by Operational Impact Area pursuant to Section
10.4.