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.