Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 02/01/2008, Docket: RP00- 70-018, Status: Effective

Original Sheet No. 88A Original Sheet No. 88A : Effective

 

 

STATEMENT OF NEGOTIATED RATES (Continued)

 

 

3/ The negotiated rates shall not apply to any other service or to capacity released pursuant to

the capacity release provisions of Section 14 of Algonquin's FERC Gas Tariff.

 

4/ The intent of Algonquin and Customer is that Algonquin will charge the rates described above

under its Commission-approved negotiated rate authority. In the event that Algonquin and

Customer are unable to fulfill the intent of this agreement pursuant to the terms outlined

above, or Algonquin and Customer are unable to fulfill any other term of this agreement or

any term is deemed illegal or unenforceable, Algonquin and Customer shall negotiate an

alternative mechanism that will produce the same economic result for both Algonquin and

Customer.

 

5/ If, during the Negotiated Rate Term, Algonquin's effective maximum rates are being collected

by Algonquin subject to refund, Algonquin shall have no refund obligation to Customer even if

the final maximum rates are reduced to a level below the negotiated rates provided herein.

In the event Customer releases its firm transportation rights under the above-designated

Service Agreement Customer shall continue to be obligated to pay Algonquin for the

difference, if any, by which the negotiated rate herein exceeds the release rate. In

addition, in the event that Customer releases its firm transportation rights under the above-

designated Service Agreement at a recourse rate in excess of the negotiated rate agreed to

herein, Algonquin shall retain any and all credits for the difference between the release

rate and the negotiated rate agreed to herein.