Dauphin Island Gathering Partners
First Revised Volume No. 1
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Effective Date: 05/20/2004, Docket: CP99- 16-001, Status: Effective
Second Revised Sheet No. 49 Second Revised Sheet No. 49 : Effective
Superseding: First Revised Sheet No. 49
the Spot Price Index for the applicable month, in addition to
the charges set forth in Section 5.2 above.
(c) If the Unauthorized Daily Overrun Quantity causes operational
problems at any time after Transporter has issued an express
order to Shipper to cease and desist, each Dth of gas received
shall be subject to a penalty rate equal to twelve (12) times
the sum of the applicable Maximum Reservation Rates under this
Rate Schedule, in addition to all of the charges set forth in
Sections 5.2 and 5.3(b), above.
5.4 A Revenue Bank shall be established consisting of the sixty (60)
consecutive month period ending with the applicable month for
which a monthly bill is being prepared (the "Credit Period"). If
a period of sixty (60) consecutive months has not elapsed since
the effective date of the FT-3 (MP) Transportation Service
Agreement, the Credit Period shall be the time elapsed since such
effective date until such a sixty (60) consecutive month period
has elapsed. If the term or remaining term of the FT-3 (MP)
Transportation Service Agreement is less than any sixty (60)
consecutive month period, then the Credit Period shall be such
lesser term or the remaining term of the FT-3 (MP) Transportation
Service Agreement. In any month during the Credit Period in which
Shipper's reservation charge is calculated under Subsection
5.1(a)(ii), an amount equal to the difference between (1) the
reservation charge calculated under Subsection 5.1(a)(ii), and (2)
the reservation charge that would have been calculated if
Subsection 5.1(a)(i) had applied, shall be credited to the Revenue
Bank. In any month during the Credit Period in which the
summation of the quantity allocated to Shipper's FT-3 (MP)
Transportation Service Agreement at the Delivery Point(s) exceeds
75% of the Maximum Daily Quantity for all Paths for the month
(including quantities of gas under Section 5.2 as authorized
overrun service, but excluding quantities under Section 5.3 as
unauthorized overrun service), the amounts invoiced by Transporter
for transportation quantities in excess of 75% of the summation of
the Maximum Daily Quantity for all Paths for the month shall be
offset with credits from the available balance in the Revenue
Bank, utilizing the oldest component(s) first of the available
balance in the Revenue Bank. Any balance remaining in the Revenue
Bank at the termination of Shipper's FT-3 (MP) Transportation
Service Agreement shall be retained by Transporter. The Revenue
Bank shall not be applicable to firm transportation capacity
rights released by Shipper and acquired by a third party in
accordance with Section 19 of the General Terms and Conditions of
Transporter's FERC Gas Tariff.