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

Transporter's System.

 

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.