Common use of Daily Imbalances During Critical Period Events Clause in Contracts

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the operational integrity of its distribution system; and daily and intra- day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the operational integrity of its distribution system; and daily and intra- intra-day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the operational integrity of its distribution system; and daily and intra- intra-day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the operational integrity of its distribution system; and daily and intra- day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the Third Revised Terms & Conditions Replaces Second Revised T-90, T-91 & T-92 Effective 06-17-2021 Terms & Conditions CENTERPOINT ENERGY ENTEX GENERAL TERMS AND CONDITIONS FOR TRANSPORTATION SERVICE RATE SCHEDULES T-90, T-91 & T-92 operational integrity of its distribution system; and daily and intra- intra-day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.

Daily Imbalances During Critical Period Events. 12.5.1 If Shippers’ deliveries and takes are not in balance during a day, or are projected to be out of balance on a future day, and if Company determines in its reasonable judgment that such imbalances (i) impair Company’s ability to maintain the operational integrity of its distribution system, or (ii) adversely affect Company’s cost of gas purchased for resale to its firm service firmservice sales customers, then the Company may declare a Critical Period Event. “Critical Period Event” can be either: (i) an Excess Flow Event (Shipper’s (deliveries exceed takes); or (ii) a Deficient Flow Event (Shipper’s takes exceed deliveries). Under this Section 12, Operational Flow Orders (“OFO’s”) or Operational Alerts (“OA’s”) of pipelines serving the Company shall be deemed events which impair the Company’s ability to maintain the operational integrity of its distribution system; and daily and intra- intra-day price movements of greater than fifty cents ($0.50) per MMBtu of the Daily Price Index(es) compared to the Monthly Price Index(es) specified in the Agreement shall be deemed to adversely affect Company’s cost of gas purchased for resale to its firm service sales customers.