Horizon Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 04/18/2002, Docket: CP00-129-001, Status: Effective

Original Sheet No. 103 Original Sheet No. 103 : Effective

 

 

GENERAL TERMS AND CONDITIONS

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factors will be reported to not less than six (6) decimal places.

For calculation purposes, not less than six (6) decimal places

will be used for both conversion factors.

 

1.14 MCF

 

"Mcf" shall mean one thousand (1,000) cubic feet of

gas.

 

1.15 MDQ

 

"MDQ" shall mean the maximum daily quantity of gas

which Horizon is obligated to receive or deliver at each Receipt

or Delivery Point or in the aggregate, as specified in the

Agreement.

 

1.16 MONTH

 

"Month" shall mean the period beginning on the first

day of any calendar month and ending on the first day of the next

succeeding calendar month.

 

1.17 NEGOTIATED RATE

 

The term "Negotiated Rate" shall mean a rate provision

under which Horizon and Shipper have agreed on the amount to be

charged for the service under Rate Schedule FTS or ITS which

results in a rate where, for all or a portion of the contract

term, one or more of the individual components of such rate

exceeds or may exceed the applicable maximum rate or is less than

or may be less than the applicable minimum rate. Any Agreement

entered into which provides for a rate under Rate Schedule FTS or

ITS other than the applicable maximum rate shall contain a

provision setting out the mutual agreement of the parties,

consistent with Commission policy, as to whether the pricing terms

represent a discounted rate or a Negotiated Rate.