| Caledonia Energy Partners, L.L.C. | Original Sheet No. 54 : Effective | |
| FERC Gas Tariff | ||
| Caledonia Energy Partners, L.L.C. | ||
(ii) The purchase does not cause either Customer to exceed its MSC or MISC, as applicable and as specified in the Customer s Service Agreement, or cause either Customer s balance to go below zero or above zero in the case of a loan of Gas. (b) Caledonia will recognize the transfer for purposes of computing available Storage Balance on a prospective basis within twenty-four (24) hours after receiving the notification. In the event the required written verification is not received, the transfer will no longer be recognized and the Storage Balance for each Customer will be restated to reflect the reversal of the transfer. 14. PENALTIES 14.1 Customer shall be liable for and shall be required to reimburse Caledonia for all penalties, charges and fees which Caledonia is required to pay to Transporter(s) as a consequence of Customer s actions. The recovery of such penalty amounts shall be on an as-billed basis. 14.2 In addition to the payment of the penalties set forth in Section 14.1 herein, the responsible Customer shall also be liable for, and shall reimburse Caledonia, for all costs incurred by Caledonia as a consequence of such Customer s actions. 14.3 Crediting of Penalty Revenues Caledonia shall credit the actual penalty revenues, net of Caledonia s costs related to the penalty event, received by Caledonia from Customers in any calendar year, by invoice credit to all Customers who did not incur penalty charges in the Month for which such revenues were received. Such credits shall be made on a pro rata basis, based on a Customer s total reservation and commodity charges paid each Month. Such credit shall be made not later than the March accounting Month statement sent subsequent to the calendar year-end by Caledonia. Any revenue collected and retained by Caledonia pursuant to this section shall accrue interest calculated pursuant to Section 154.501(d) of the Commission s Regulations.
| Issued by: Jim Goetz | ||
| Issue date: 03/30/07 | Effective date: 05/01/07 | |