Common use of Monthly Imbalances Clause in Contracts

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “Cash-out Index” specified in the Agreement. In the event of an “Underage,” the “Cash Out Price” shall be “Cash-out Index” plus an “Adder” as specified in the Agreement.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “Cash-out Index” specified in the Agreement. In the event of an “Underage,” the “Cash Out Price” shall be “Cash-out Index” plus an “Adder” as specified in the Agreement.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “Cash-out Index” specified in the Agreement. In the event of an “Underage,” the “Cash Out Price” shall be “Cash-out Index” plus an “Adder” as specified in the Agreement.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month. In the event of an “Underage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” plus an “Adder” as specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “Cash-out Index” specified in the Agreement. In the event of an “Underage,” the “Cash Out Price” shall be “Cash-out Index” plus an “Adder” as specified in the Agreement.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150%Price 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month. In the event of an “Underage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” plus an “Adder” as specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out cash -out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “Cash-out Index” specified in the Agreement. In the event of an “Underage,” the “Cash Out Price” shall be “Cash-out Index” plus an “Adder” as specified in the Agreement.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150% 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the “amount calculated using the applicable Cash-out Index” specified in the Agreement. Index for Overages. 12.7.3 In the event of an “Underage,” the “Cash Out Price” shall be “the amount calculated using the applicable Cash-out Index” plus an “Adder” as specified in the AgreementIndex for Underages.

Monthly Imbalances. 12.7.1 At the end of each Service Month, remaining Shipper imbalances shall be cashed out. To the extent Shipper owes natural gas volumes to Company (deliveries exceeded volumes received by Company), Xxxxxxx Shipper will purchase said volumes from Company at the percentage of the applicable cash-out price described below. To the extent Company owes natural gas volumes to Shipper (volumes received exceeded volumes delivered by Company), Company will purchase said volumes from Shipper at the applicable percentage of the cash-out price described below. Overage Underage Imbalance Level The Company Pays Shipper the Following Percentage of the Cash-Out Price Shipper Pays the Company the Following Percentage of the Cash- Out Price From 0% to 5% 100% 100% From 5% to 10% 80% 120% From 10% to 15% 70% 130% From 15% to 20% 60% 140% Greater than 20% 50% 150%Price 12.7.2 In the event of an “Overage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month. In the event of an “Underage,” the “Cash Out Price” shall be the lower of the “Cash-out Index” plus an “Adder” as specified in the AgreementAgreement or Company’s applicable weighted average cost of gas for the month.