Texas Eastern Transmission Corporation
Sixth Revised Volume No. 1
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Effective Date: 06/01/1993, Docket: RS92- 11-009, Status: Effective
Original Sheet No. 530 Original Sheet No. 530 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
8.2 Suspense Gas
(A) All Suspense Gas shall be subject to the provisions of this
Section 8.2. Pipeline shall have the right to dispose of Suspense
Gas in accordance with this Section. Pipeline shall give notice
to the operator of the applicable Point of Receipt where the
Suspense Gas was received, that the Suspense Gas is subject to
these provisions and will be posted on the LINKþ System. On the
first business day following the fifteenth of each month, Pipeline
shall post on the LINKþ System the quantity, production day(s)
received on the system, and the Point(s) of Receipt for any
Suspense Gas received in prior production months. Pipeline will
continue to post on the LINKþ System for the lesser of four (4)
business days, inclusive of the initial date of posting, or until
a Valid Claim has been submitted by a Claimant. In order to be a
Valid Claim for purposes hereof, a claim must (1) be provided to
Pipeline in writing; (2) identify the specific Suspense Gas
received by Pipeline; (3) provide evidence of ownership of the
Suspense Gas claimed; (4) agree to indemnify Pipeline and provide
evidence acceptable to Pipeline of Claimant's ability to so
indemnify Pipeline fully with respect to any adverse claims to
ownership of the Suspense Gas or to the proceeds resulting from
the sale thereof; and (5) identify an existing transportation
service agreement with Pipeline that contains the Point of Receipt
at which the Suspense Gas was received under which such quantity
shall be allocated. Claimant, as a Customer, agrees to pay the
applicable transportation rate and a charge equivalent up to the
maximum ISS-1 Space Charge on the average daily balance for each
month applicable to the period beginning when the Suspense Gas was
received by Pipeline and ending when the quantity of Suspense Gas
is delivered. All such claimed Suspense Gas must be transported
and delivered before the end of the month following the month in
which the gas is claimed. Claimant's failure to transport and
deliver all of such Suspense Gas quantity before the end of such
period shall subject such undelivered quantities to Section 8.1 of
the General Terms and Conditions net of the accumulated equivalent
ISS-1 Space Charge on the average daily balance for each month.
(B) Applicable Penalties Pursuant to Claiming Suspense Gas:
Once a Valid Claim is submitted, the gas becomes subject
prospectively to all Cash-out provisions at Point(s) of Delivery
and scheduling penalties contained in this FERC Gas Tariff.
(C) Disposition of Suspense Gas:
(1) If a Valid Claim is not submitted during the notice period,
title to the unclaimed Suspense Gas is vested in Pipeline and
Pipeline shall retain the unclaimed gas