Mississippi River Transmission Corp.
Original Volume No. 1-A
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Effective Date: 11/01/1990, Docket: RP89-248-008, Status: Effective
Third Revised Sheet No. 57 Third Revised Sheet No. 57 : Effective
Superseding: Second Revised Sheet No. 57
TRANSPORTATION
GENERAL TERMS AND CONDITIONS
(Continued)
10. NOMINATIONS, BALANCING AND CHARGES FOR IMBALANCES OR UNAUTHORIZED
TENDERS OR TAKES (Continued)
adverse claims by any party. Transporter's assessment of the
penalty shall be deemed to eliminate the associated imbalance.
For the purposes of notification and corrective action only,
imbalances for any month that become apparent after the time for
notice has expired shall be considered as an imbalance for the
month following the month in which the imbalance became apparent.
(c) Monthly Balancing of Under-deliveries: Within fifteen
(15) working days after the end of each month, Transporter will
notify Shipper in writing if for said month Shipper has taken or
has caused to be taken from Transporter quantities which exceed
by more than five (5) percent the quantities received by
Transporter, less fuel use and loss. In the event Shipper and
Transporter fail to agree in writing upon the appropriate
corrective action to bring such under-deliveries into balance
within forty-five (45) days after notification, and/or Shipper
fails to fully carry out the corrective action in the manner and
time frame agreed upon by the parties, a penalty may be imposed.
The penalty shall be the dollar equivalent of two times
Transporter's Rate Schedule CD-1 Commodity Charge multiplied by
the remaining net balance of under-deliveries which exist as of
forty-five (45) days after Transporter's notification to Shipper.
Payment of the assessed penalty shall be deemed to eliminate the
associated imbalance. For the purposes of notification and
corrective action only, imbalances for any month that become
apparent after the time for notice has expired shall be
considered as an imbalance for the month following the month in
which the imbalance became apparent.
(d) Final Balancing: If an imbalance exists at the
expiration of a Transportation Service Agreement, Transporter
shall notify Shipper in writing of such imbalance and Transporter
and Shipper shall cooperate to eliminate the imbalance. If
Shipper still owes Transporter gas forty-five (45) days after
notification by Transporter of the imbalance, Shipper shall