East Tennessee Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 33-007, Status: Effective

Substitute Original Sheet No. 205 Substitute Original Sheet No. 205 : Superseded

 

 

 

BALANCING AGREEMENT

(For Use Under Rate Schedule LMS-PA)

 

THIS Agreement is made, entered into and effective as of this _____ day of ___________,

19____, by and between East Tennessee Natural Gas Company, a Tennessee corporation

hereinafter referred to as "Transporter", and _______________, a

____________________________ corporation, hereinafter referred to as "Balancing Party".

Transporter and Balancing Party shall be referred to herein collectively as "Parties".

 

WITNESSETH:

 

 

WHEREAS, Transporter receives gas for transportation at the receipt point(s)

specified in Exhibit A attached hereto ("Receipt Point(s)");and

 

WHEREAS, the gas actually delivered at the Receipt Point(s) is at times different

than the quantities scheduled to be transported by Transporter from those points;

 

WHEREAS, Transporter and Balancing Party desire to allocate the transportation of

natural gas from the Receipt Point(s) based upon Scheduled Quantities and to allocate any

difference between such Scheduled Quantities and actual deliveries at the Receipt Point(s)

(Operational Imbalance) to this Agreement;

 

WHEREAS, Transporter and Balancing Party desire to resolve Operational Imbalance in

subsequent periods in cash;

 

 

NOW, THEREFORE, Transporter and Balancing Party covenant and agree as follows:

 

 

ARTICLE I - DEFINITIONS

 

 

The definitions found in Section 1 of Transporter's General Terms and Conditions are

incorporated herein by reference.