Texas Eastern Transmission Corporation
Sixth Revised Volume No. 1
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Effective Date: 02/12/1996, Docket: RP96-142-000, Status: Effective
First Revised Sheet No. 529 First Revised Sheet No. 529 : Effective
Superseding: Original Sheet No. 529
GENERAL TERMS AND CONDITIONS
imbalance remaining at the end of the extended period will
be subject to the Cash-out provisions of this Section 8.
(F) Disposition of Cash-out Quantities:
Pipeline, at its discretion, may dispose of the net excess
quantities purchased under this Section 8.1 in accordance
with the procedures contained in Section 8.3 of the General
Terms and Conditions.
(G) Disposition of Cash-out Proceeds:
Pipeline, at its discretion, may use proceeds received from
Cash-out of imbalances due Pipeline pursuant to Section
8.1(B) to purchase at any time and from time to time
quantities of gas.
(H) Disposition of Net Cash-out Proceeds:
Pipeline shall credit to the Applicable Shrinkage Deferred
Account as provided in Section 15.6(D)(3) herein, the net
proceeds from the operation of the imbalance resolution
procedures contained in this Section 8. Such net proceeds
shall be credited on a monthly basis.
(I) Existing Imbalances:
Imbalances existing prior to the effective date of this
provision shall be corrected pursuant to procedures in
effect at the time the imbalance was incurred, unless the
parties agree to a cash settlement as herein provided.