Mobile Bay Pipeline Company
Second Revised Volume No. 1
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Effective Date: 02/26/1998, Docket: RP97-361-003, Status: Effective
Third Revised Sheet No. 211 Third Revised Sheet No. 211 : Effective
Superseding: Superseding Second Revised Sheet No. 211
GENERAL TERMS AND CONDITIONS
changes as soon as known by either Transporter or Shipper so
that the other may be prepared to meet or to adjust for such
expected changes when, as, and if they occur.
13. IMBALANCE RESOLUTION PROCEDURES
eliminate end-of-month imbalances with a final resolution of
such end-of-month imbalances by cash settlement with
Transporter. Unless otherwise agreed, Transporter and Shipper
shall settle in cash, by Shipper during the month, any net
imbalance remaining between allocated receipt quantities and
allocated delivery quantities. On or before the ninth Business
Day of each month, Transporter will send Shipper a statement
detailing the imbalance quantity by Shipper during the preceding
month. Shipper will have until the last day of that month to
correct the imbalance as follows:
imbalances among its contracts regardless of rate type.
Shipper will have one imbalance that may be offset with
other transportation Shippers regardless of rate type.
Offsetting transactions under this paragraph will be
allowed without an additional charge to any Shipper.
post at Shipper's request on the Customer Electronic
System the Shipper's end of the month imbalances. After
the period provided to the Shipper to correct any
imbalance, Transporter shall provide an invoice credit