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. 164 Original Sheet No. 164
GENERAL TERMS AND CONDITIONS
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West of and
East of Including Index
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OIA-2 Interconnection Interconnection of NGPL, TexOk Zone
of MEP and Enogex MEP and NGPL
OIA-3 Interconnection Interconnection of Columbia Gulf, Mainline
of MEP and NGPL MEP and Col. Gulf
OIA-4 Interconnection Interconnection of Transco, Zone 4
of MEP and Col. Gulf MEP and Transco
(e) Following the period for netting, offsetting,
buying and/or selling Imbalances, Shippers with remaining imbalances
shall pay MEP or will be credited with the appropriate cashout
amounts, unless otherwise agreed to in writing by MEP.
(f) In each instance when a Shipper(s) must cashout
its remaining imbalances in any Operational Impact Area, MEP shall
have the right to review the circumstances surrounding such remaining
Imbalance and, in its judgment, waive all or a portion of the cashout
amount. Any such waiver shall be granted on a non-discriminatory
basis to all Shippers from whom cashout amounts were collected in
that instance.
(g) The Overage Average Monthly Index Price (OAMIP) is
a volume-weighted average of the applicable MIPs for the four
Operational Impact Areas. For purposes of this calculation, the
volume used for each Operational Impact Area shall be the net Overage
Imbalance for that Operational Impact Area.
(h) The Underage Average Monthly Index Price (UAMIP)
is a volume-weighted average of the applicable MIPs for the four
Operational Impact Areas. For purposes of this calculation, the
volume used for each Operational Impact Area shall be the net
Underage Imbalance for that Operational Impact Area.