Rockies Express Pipeline LLC (Entrega)
Second Revised Volume No. 1
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Effective Date: 01/01/2008, Docket: RP08- 90-000, Status: Effective
First Revised Sheet No. 105 First Revised Sheet No. 105 : Effective
Superseding: Original Sheet No. 105
GENERAL TERMS AND CONDITIONS
1. DEFINITIONS (Contd.)
1.34 Month. The period beginning on the first Day of any calendar
Month and ending at the beginning of the first Day of the next
succeeding calendar Month.
1.35 Negotiated Rate. A rate or rate formula for service under any
applicable Agreement which Transporter and Shipper mutually agree
upon, and in which one or more of the individual rate components
may be less than, equal to, or greater than Transporter's maximum
and/or minimum rates, may be based on a rate design other than
Straight Fixed Variable (SFV), and may include a minimum volume.
1.36 Net Present Value Calculation or NPV. Utilizing a standard net
present value calculation based on a stream of revenues for the
term of the bid, discounted by an appropriate interest rate, to
determine the highest incremental revenue stream for
1.37 Nomination. The written requests for transportation submitted
pursuant to Section 7 of these General Terms and Conditions.
1.38 Operational Balancing Agreement or OBA. A contract between two
parties which specifies the procedures to manage operating
variances at an interconnect.
1.39 Operational Impact Area. The area(s) on Transporter's System, as
identified in this Tariff and approved by the Commission, in
which Imbalances have a similar operational effect.
1.40 Overrun Gas. Those volumes of Gas tendered for transportation by
Shipper on any Day in excess of its currently effective MDQ, to
the extent such Gas is scheduled under Section 7 of these General
Terms and Conditions.