Common use of CORRECTION OF OPERATIONAL IMBALANCES Clause in Contracts

CORRECTION OF OPERATIONAL IMBALANCES. 3.1 Corrections in Flow Rates During a Day - Balancing Party will be able to request adjustments to actual deliveries at its Delivery Points or cause such requests to be made at any time during the Gas Day by coordinating with Transporter's gas dispatchers. Balancing Party will notify Transporter or cause Transporter to be notified of any such adjustments. Transporter will use reasonable efforts to deliver those changed quantities when the operating conditions on Transporter's system permit, taking into consideration the nominations made by firm customers on Transporter's system. 3.2 Corrections During the Month - Estimated metered quantities, or actual metered quantities where available, may be used by Transporter for purposes of adjustments under this Article III on a daily basis during the production month to determine the estimated Monthly Operational Imbalance at all of the Delivery Point(s). Transporter shall make the estimated Daily Variance and Monthly Operational Imbalance at each Delivery Point available to Balancing Party on or before the third Business Day after each Gas Day. Balancing Party shall make or cause to be made adjustments in nominations and actual deliveries during the production month to adequately control imbalance levels. If the Balancing Party fails to take such corrective action, or fails to cause such corrective action to be taken, Transporter may, upon forty-eight