MidContinent Express Pipeline LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective
Original Sheet No. 161 Original Sheet No. 161
GENERAL TERMS AND CONDITIONS
----------------------------
10.3 SCHEDULING AND SEQUENCE OF ACTIONS
In rectifying imbalances which jeopardize MEP's ability
to provide firm service, MEP shall first attempt to control imbalances
through the scheduling process. MEP shall coordinate with the Shipper
and with upstream and downstream entities to assure that the volume of
Gas delivered to Shipper or for its account and the volume of Gas
physically received by MEP for Shipper are in close balance. In
addition, Shipper may nominate quantities of Gas on any Day during the
month to rectify an imbalance, subject to MEP's scheduling and
curtailment provisions, and any operational considerations that may
otherwise limit the amount of Gas that MEP may receive or deliver on
such Day as payback volumes for such imbalance. In such event, MEP
shall have the right, via the confirmation process, to reduce all or a
portion of such nominated payback volumes. If further action is
required to control imbalances, MEP may adjust nominations upon notice
to Shipper and otherwise take actions as specified in the remainder of
this Section 10. If Shipper is unavailable, adjustments will be made
pursuant to a Shipper provided ranking or pro-rata if a Shipper
provided ranking is not available. MEP may also utilize Operational
Control measures under Section 31 of these General Terms and Conditions
to control imbalances to the extent consistent with Section 31. MEP
will provide prior notice of any action taken under Section 31 of these
General Terms and Conditions, consistent with the provisions of Section
31.
10.4 CASHOUT PROCEDURES
(a) Definitions
(1) Operational Impact Area - "Operational Impact
Area" shall mean any one of the four geographical locations of MEP's
system defined in Section 10.4(d) hereof, which shall be used for
purposes of netting, trading, and cashing out of imbalances.
(2) Overage Imbalance - "Overage Imbalance" shall
mean that excess receipts under an Agreement are owed to Shipper by MEP.
(3) Overage Average Monthly Index Price - "Overage
Average Monthly Index Price" or "OAMIP" shall mean the volume-weighted
average of the applicable monthly index prices used in determining
cashout amounts to resolve Overage Imbalances, as provided in this
Section 10.4.