Cimarron River Pipeline, LLC
Original Volume No. 1
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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective
Original Sheet No. 240 Original Sheet No. 240
GENERAL TERMS AND CONDITIONS
13.2 Resolution of Monthly Imbalances (continued):
(e) After each month, Transporter will calculate the imbalance (in
Dth) between the quantities of gas allocated each Day to Shipper for its
account at the Receipt Point(s) during that month, less Fuel Reimbursement
during that month, and the quantities of gas allocated each Day to Shipper
for its account at the Delivery Point(s) during that month, adjusted for
imbalances resolved under this Section 13.2. Transporter will aggregate the
net imbalances under all of a Shipper's TSAs for the month ("Net Monthly
Imbalance"). Shipper shall eliminate the Net Monthly Imbalance by trading
the imbalance with other Shippers, as provided in Subsection 13.2(f) below,
and by cash out, as provided in Section 13.3.
(f) Shipper may trade the Net Monthly Imbalances on a monthly basis
with other Shippers. Imbalances to be posted for trading should be
authorized by the Shipper. Shipper may submit to Transporter at any time a
written Authorization to Post Imbalances. An Authorization to Post
Imbalances received by Transporter by 11:45 a.m. will be effective at 8 a.m.
on the following Business Day (CCT) and will continue in effect until
terminated by the Shipper on written notice to Transporter. Imbalances that
were previously authorized for posting shall be posted by the ninth Business
Day of the month following the delivery month and shall stay posted until the
17th Business Day of that month. Shipper may revoke an Authorization to Post
Imbalances with 30 days prior written notice to Transporter. Shipper will be
able to view on Transporter's Internet Website and, upon request, download
posted imbalances. Transporter is not required to post zero imbalances.
(g) Upon receipt of a Request for Imbalance Trade and an Imbalance
Trade Confirmation signed by the trading Shippers, Transporter shall issue
an Imbalance Trade notification and revised imbalance statements to the
trading Shippers. When trading imbalances, the quantity traded must be
stated. Trades shall be reflected prior to or on the Shipper's next monthly
imbalance statement or cashout statement. 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withdrawn by the initiating trader, and only prior to the confirming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 Transporter.
After receipt of an Imbalance Trade Confirmation, Transporter shall send the
Imbalance Trade Notification to the initiating trader and the confirming
trader no later than noon CCT the next Business Day. Transporter shall have
no liability with respect to any imbalance trading by Shippers.