Southeast Supply Header, LLC
Original Volume No. 1
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Effective Date: 06/28/2010, Docket: RP10-783-000, Status: Effective
First Revised Sheet No. 348 First Revised Sheet No. 348
Superseding: Original Sheet No. 348
GENERAL TERMS AND CONDITIONS
(CONTINUED)
35. DISCOUNT POLICY (continued)
(vii) so that the applicable rate may be adjusted in the
following manner: when one rate component, which was
equal to or within the applicable Maximum Recourse Rates
and Minimum Recourse Rates at the time Shipper received
the Discount Confirmation pursuant to Section 35.5 below
specifying the terms of the discount, subsequently
exceeds the applicable Maximum Recourse Rate or is below
the applicable Minimum Recourse Rate, so that such rate
component must be adjusted downward or upward to equal
the new applicable Maximum Recourse Rate or Minimum
Recourse Rate, then other rate components may be
adjusted upward or downward to achieve the agreed-upon
overall rate, so long as none of the resulting rate
components exceed the Maximum Recourse Rate or are below
the Minimum Recourse Rate applicable to the rate
component (such changes to rate components shall be
applied prospectively, commencing with the date a
Commission order accepts a revised Statement of Rates;
however, nothing contained herein shall be construed to
alter a refund obligation under applicable law for any
period during which rates which had been charged under a
Discount Confirmation exceeded rates which ultimately
are found to be just and reasonable); and/or
(viii) based upon published index prices for specific Receipt
Points and/or Delivery Points or other agreed-upon
published pricing reference points for price
determination (such discounted rate may be based upon a
single published index price or the differential between
published index prices or arrived at by formula;
provided that the discounted rate shall not change the
underlying rate design, shall not include any minimum bill or
minimum take obligation, and shall define the rate component
to be discounted). Notwithstanding the foregoing, no
discounted rate shall be less than the applicable Minimum
Recourse Rate.