Pinnacle Pipeline Company

ORIGINAL VOLUME NO. 1

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Effective Date: 10/08/2003, Docket: RP04-102-001, Status: Effective

Original Sheet No. 105 Original Sheet No. 105 : Effective

 

 

27. "Operational Balancing Agreement" or "OBA" is a

contract between parties which specifies the

procedures to manage operating balances at an

interconnect.

 

28. "Operational Flow Order" or "OFO" is an order

issued pursuant to Section 12 of these General

Terms and Conditions.

 

29. "Payment Due Date" means the 25th day of each

month. If the Payment Due Date is not a Business

Day, then payment must be received by Transporter

or by the financial institution so designated by

Transporter for payment, on or before the first

Business Day immediately prior to the Payment Due

Date.

 

30. "Person" means a natural person, sole

proprietorship, firm, trust, trustee, executor,

administrator or other legal personal

representative, partnership, limited partnership,

joint venture, syndicate, company or corporation

with or without share capital, unincorporated

association, regulatory body or agency,

government of governmental agency, authority or

entity however designated or constituted.

 

31. "Point Operator" has the meaning set forth in

Section 4.7 of these General Terms and

Conditions.

 

32. "Pre-arranged Replacement Shipper" and "PRS" mean

the entity designated by Releasing Shipper prior

to the Released Capacity being posted on the Web

Site system in accordance with Section 20.

 

33. "Prepayment", with respect to requests for

capacity or service, means that amount of money

that must be submitted by a Shipper along with a

request for service. Such amount will be

credited to Shipper's invoice for services

provided by Transporter, or forfeited by Shipper

if it fails to enter into a Transportation

Agreement with Transporter in accordance with the

terms of Transporter's FERC Gas Tariff. With

respect to creditworthiness, prepayment means the