Common use of Daily Balancing Clause in Contracts

Daily Balancing. Each Day Shipper shall cause the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) to equal as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. Whenever the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) is insufficient to support Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink, Shipper shall promptly increase its Daily delivery such that the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. Whenever the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) exceeds Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink, Shipper shall promptly reduce its Daily delivery such that the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. If Shipper does not promptly reduce its Daily delivery, LMM may cause such reduction in Shipper’s Daily delivery at whichever Receipt Point(s) LMM deems appropriate. Notwithstanding the foregoing, Shipper may request in writing the right to create a Daily Imbalance when necessary to counteract a prior Daily Imbalance. Whether such request will be granted is within the sole discretion of LMM. GAS GATHERING AGREEMENT (EXPANSION SYSTEM) PAGE 11

Daily Balancing. Each Day Shipper shall cause the number of Dth MMBtu’s of Shipper’s Gas being delivered at the Receipt Point(s) Points to equal as closely as practicable to Shipper’s Scheduled Nominations. Each Day Gatherer shall cause the number of MMBtus of Shipper’s Gas being delivered at the Delivery Points to Interconnecting Pipelines to equal as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel Gas received by Gatherer at the Receipt Points, *** Certain information in this document has been omitted and any Plant Fuel filed separately with the Securities and ShrinkExchange Commission. Confidential treatment has been requested with respect to the omitted portions. after subtracting FL&U. Whenever the number Number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) is insufficient to support Points exceeds Shipper’s Scheduled Nomination(s) estimated Actual Allocated Gas delivered at the Delivery Points plus Gathering Fuel and any Plant Fuel and ShrinkFL&U, Shipper Gatherer shall promptly increase its Daily delivery such amount of Gas delivered to an Interconnecting Pipeline on Shipper’s behalf. In the event that Shipper’s Gas received by Gatherer at the number Receipt Points, after subtracting FL&U equals or exceeds Shipper’s nominated quantities of Dth Gas on Interconnecting Pipelines and the Gatherer does not deliver any or all of Shipper’s Gas being delivered to the Interconnecting Pipeline on Shipper’s behalf, and the Interconnecting Pipeline reduces Shipper’s nominated quantity of Gas at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Delivery Point, Gatherer shall waive the applicable Gathering Fuel and any Plant Fuel and Shrink. Whenever Fee with respect to the number of Dth total quantity of Shipper’s Gas being received by Gatherer but not delivered at to the Receipt Point(s) exceeds Interconnecting Pipeline specified by Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink, Shipper shall promptly reduce its Daily delivery such that the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. If Shipper does not promptly reduce its Daily delivery, LMM may cause such reduction in Shipper’s Daily delivery at whichever Receipt Point(s) LMM deems appropriate. Notwithstanding the foregoing, Shipper may request in writing the right to create a Daily Imbalance when necessary to counteract a prior Daily Imbalance. Whether such request will be granted is within the sole discretion of LMM. GAS GATHERING AGREEMENT (EXPANSION SYSTEM) PAGE 11.

Daily Balancing. Each Day Shipper shall cause the number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) to equal as closely as practicable Shipper’s Scheduled Confirmed Nomination(s) plus Gathering Fuel and any Fuel, Basic Processing Plant Fuel Fuel, Cryogenic Processing Plant Fuel, and Shrink. Whenever the number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) is insufficient to support Shipper’s Scheduled Confirmed Nomination(s) plus Gathering Fuel and any Fuel, Basic Processing Plant Fuel Fuel, Cryogenic Processing Plant Fuel, and Shrink, Shipper shall promptly increase its Daily delivery such that the number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Confirmed Nomination(s) plus Gathering Fuel and any Fuel, Basic Processing Plant Fuel Fuel, Cryogenic Processing Plant Fuel, and Shrink. Whenever the number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) exceeds ShipperXxxxxxx’s Scheduled Confirmed Nomination(s) plus Gathering Fuel and any Fuel, Basic Processing Plant Fuel Fuel, Cryogenic Processing Plant Fuel, and Shrink, Shipper shall promptly reduce its Daily delivery such that the number of Dth MMBtus of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Confirmed Nomination(s) plus Gathering Fuel and any Fuel, Basic Processing Plant Fuel Fuel, Cryogenic Processing Plant Fuel, and Shrink. If Shipper does not promptly reduce its Daily delivery, LMM Xxxxxxxx may cause such reduction in Shipper’s Daily delivery at whichever Receipt Point(s) LMM Xxxxxxxx deems appropriate. Notwithstanding the foregoing, Shipper Xxxxxxx may request in writing the right to create a Daily Imbalance when necessary to counteract a prior Daily Imbalance. Whether such request will be granted is within the sole discretion of LMM. GAS GATHERING AGREEMENT (EXPANSION SYSTEM) PAGE 11Xxxxxxxx.

Daily Balancing. Each Day Shipper shall cause the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) to equal as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. Whenever the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) is insufficient to support Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink, Shipper shall promptly increase its Daily delivery such that the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. Whenever the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) exceeds Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink, Shipper shall promptly reduce its Daily delivery such that the number of Dth of Shipper’s Gas being delivered at the Receipt Point(s) equals as closely as practicable Shipper’s Scheduled Nomination(s) plus Gathering Fuel and any Plant Fuel and Shrink. If Shipper does not promptly reduce its Daily delivery, LMM may cause such reduction in Shipper’s Daily delivery at whichever Receipt Point(s) LMM deems appropriate. Notwithstanding the foregoing, Shipper may request in writing the right to create a Daily Imbalance when necessary to counteract a prior Daily Imbalance. Whether such request will be granted is within the sole discretion of LMM. GAS GATHERING AGREEMENT (EXPANSION SYSTEM) PAGE 1111 F.3 Monthly Balancing. If the cumulative Imbalance reflected on the Monthly statement submitted to Shipper pursuant to Section 5.2 is greater than Shipper’s Scheduled Nomination(s) during the statement period, then Shipper shall Balance with LMM by reducing the Imbalance gas closely as practicable to zero (0) during the Month following the delivery of such statement (“Balancing Period”) in the manner described in (a) or (b) below. LMM shall advise Shipper of the number of Dth of Gas which must be nominated or nominated and produced by Shipper for each Day during the Balancing Period in order to Balance (“Daily Balance Gas”). Shipper shall not submit Daily nominations during the Balancing Period whose total exceeds the MDQ unless LMM otherwise consents in writing. Shipper’s nomination of Daily Balance Gas shall receive the highest priority of Shipper’s nominations.