Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 06/01/2007, Docket: RP07-421-000, Status: Effective

First Revised Sheet No. 23B First Revised Sheet No. 23B : Effective

Superseding: Original Sheet No.23B

RATE SCHEDULE FT-2

FIRM TRANSPORTATION SERVICE

 

5.2 c. Revenue Bank Account (cont'd):

 

Overrun Charge on Shipper's Monthly Bill

under the specific FT-2 TSA for the same

month. When both condition (1) and (2) apply

to Shipper's Monthly Bill under the specific

FT-2 TSA for the same month, the amount of

the decrease applied to the Shipper's RBA

under the specific FT-2 TSA is the sum of the

two amounts calculated above.

 

(iii) The amount of the decrease calculated

pursuant to Section 5.2 c. (ii) above in all

cases is limited to the existing balance in

Shipper's RBA under the specific FT-2 TSA.

The balance in a Shipper's RBA can never be

negative.

 

(iv) The amount of the decrease from a Shipper's

RBA shall only be applied as a credit on

Shipper's Monthly Bill for the same month.

 

d. Remaining Balance: Any balance remaining in a

Shipper's RBA under a specific FT-2 TSA at the end

of any Credit Period shall be retained by

Transporter and shall not be available for further

use under Section 5.2 c. of this Rate Schedule.

Such balance specifically shall not be carried

forward into any successive Credit Period under

the Shipper's specific FT-2 TSA, if applicable, or

be applied to any prior payment made by Shipper.