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. 279 Original Sheet No. 279

 

GENERAL TERMS AND CONDITIONS

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(i) MEP shall debit the relevant deferral

account in the event the current Month actual amounts exceed the

amounts that MEP recovered hereunder for that Month.

 

(ii) MEP shall credit the relevant deferral

account in the event the current Month actual amounts are less than

the total amount MEP recovered hereunder.

 

(4) Valuation of the adjustments to the deferral

subaccounts shall be based on the AMIP for the relevant period.

 

(5) MEP will add carrying charges applicable for

the Month to each deferral subaccount. The carrying charge shall be

the product of the following:

 

(i) The carrying charge base shall be the

prior Month's balance in the reimbursement subaccount;

 

(ii) MEP shall compute a monthly carrying

charge rate utilizing the effective annual FERC-approved interest

rate prescribed in Section 154.501 of the FERC's Regulations. Such

rate shall be expressed to the nearest one ten thousandth of 1%.

 

36.6 EFFECTIVE DATE

 

The Fuel Gas Reimbursement Percentage and the

Unaccounted For Gas Reimbursement Percentage will be assessed

beginning on the Initial Effective Date and shall be revised

hereunder on a periodic basis as set out in Section 36.3. The

incremental Booster Compression fuel percentage will be assessed

beginning on the in-service date of the initial Booster Compression

and shall be revised on a periodic basis as set out in Section 36.3.

The Leased Capacity Fuel Percentage Gas Percentage will be assessed

on the Initial Effective Date, and shall be revised on a periodic

basis, as set out in Section 36.7 hereof.