Mississippi River Transmission Corp.
Third Revised Volume No. 1
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Effective Date: 11/01/1993, Docket: RS92- 43-004, Status: Effective
Original Sheet No. 142 Original Sheet No. 142 : Superseded
GENERAL TERMS AND CONDITIONS
10. TRANSPORTATION BALANCING (Continued)
(c) Make up quantities may be suspended while a System
Protection Warning or a System Integrity Alert is in effect. In
such instances, the Customer or Pool Operator will be given an
extension of time to make up the required make up amount
equivalent to the duration of the suspension, or MRT may waive the
make up requirement on a nondiscriminatory basis.
(d) A penalty will be imposed on any uncorrected make up
quantities at the end of the five day make up period. The penalty
will be equal to the amount of the uncorrected make up quantity
multiplied by the maximum ITS tariff rate set forth on Sheet No. 7
of this tariff.
10.4 Pre-Existing Imbalances
(a) In order to facilitate the transition to cash
balancing, Customers with imbalances existing as of the effective
date of this tariff (pre-existing imbalances) will be given two
options to correct such imbalances.
(i) Option 1
Customers may cash out their pre-existing imbalances
at MRT's weighted average cost of Customers' imbalance gas
as reflected on MRT's accounting records as of the effective
date of this tariff. Customers desiring to utilize this
option must notify MRT within thirty (30) days of the
effective date of this tariff. After the thirty day period
for notification, this option will not be available to
correct pre-existing imbalances.
(ii) Option 2
Customers will be given three (3) months to correct
such imbalances in kind. Pre-existing imbalances due MRT
remaining at the end of the three month period will be
cashed out at MRT's weighted average cost of Customers'
imbalance gas as of the effective date of this tariff plus
applicable carrying charges. For pre-existing imbalances