Alliance Trading Pool Imbalance Management Sample Clauses

Alliance Trading Pool Imbalance Management subject to Transporter’s then-prevailing pipeline operational conditions and the availability, in Transporter’s sole discretion, of park and loan capacity, Transporter will provide the following services to facilitate the management by FRS Xxxx 0, XXX Xxxx 0, XXX, xxx XXX-XXX shippers of their Alliance Trading Pool account imbalances: Automatic Park and Loan (APAL) – all shipper imbalances within the acceptable tolerance (as determined pursuant to Section 7.k. herein by the term of contract) will be moved into an Automatic Park and Loan contract. APAL service is provided at no charge. A shipper has until the end of the third gas day following the creation of the imbalance to remove the imbalance from its APAL account by adjusting its transportation nomination(s), by title transfer(s), or by transferring the imbalance to a Term Park and Loan contract if Transporter’s pipeline operational conditions permit. If the imbalance held in a shipper’s APAL account has not been corrected or been moved to a TPAL account by the end of the third gas day, the imbalance will be transferred to a Balancing Park and Loan contract. Term Park and Loan (TPAL) – subject to Transporter’s then-prevailing pipeline operational conditions and the availability, in Transporter’s sole discretion, of park and loan capacity, shippers may enter a Term Park and Loan agreement for a fixed term. TPAL is a biddable service with a floor toll of $0.00/GJ/day and a ceiling of $0.54/GJ/day. Balancing Park and Loan (BPAL) – any Alliance Trading Pool imbalance exceeding the acceptable tolerance of a shipper’s contract, any APAL account balance that has not been moved to a TPAL account by the end of the third gas day following creation of the imbalance, and any TPAL account imbalance that remains at expiry of the TPAL agreement term, will be transferred into a Balancing Park and Loan contract. The toll for Balancing Park and Loan service shall be the greater of $0.16/GJ and the highest bid TPAL toll for the current gas day. If an imbalance held in a BPAL account is not corrected after five (5) gas days, the shipper’s gas account surplus or deficit will be assumed by Transporter and the shipper will be assessed Balancing Fees.
Sample 1
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