Cameron Interstate Pipeline, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective
Original Sheet No. 126 Original Sheet No. 126
GENERAL TERMS AND CONDITIONS
(continued)
Shipper's Net Imbalance Percentage
Prices
0 to 2% 100% of Applicable Price
2 to 5% 95% of Applicable Price
5 to 10% 85% of Applicable Price
10 to 15% 75% of Applicable Price
15 to 20% 60% of Applicable Price
20% 50% of Applicable Price
The Applicable Price shall be the Low Price as defined
in GT&Cs Section 12.7(d).
For purposes of determining the tier at which a
Transportation Imbalance will be cashed out, the price
will apply only to quantities within a tier. For
example, if there is a 6% Transportation Imbalance,
quantities that comprise the first 2% of the
Transportation Imbalance are priced at 100% of the Index
Price, quantities comprising 3% of the Transportation
Imbalance are priced at 95% of the Applicable Price, and
quantities comprising the remaining 1% of the
Transportation Imbalance are priced at 85% of the
Applicable Price.
(c)(2) Subject to the provisions of GT&Cs Sections 12.3 and
12.4, if Shipper's Net Monthly Imbalance is less than or
equal to 1,000 Dth, Shipper shall pay Pipeline for
Shipper's Net Monthly Imbalance at the Applicable Price.
(c)(3) In the event Shipper owes Pipeline any payments under
subsection (b) above from a previous Month which are
past due, Pipeline shall have the right hereunder to
offset payments it owes to Shipper under this subsection
(c) by such past due amounts (inclusive of interest).