Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
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Effective Date: 10/17/2006, Docket: RP06-177-000, Status: Effective
Fifth Revised Sheet No. 50A Fifth Revised Sheet No. 50A : Effective
Superseding: Fourth Revised Sheet No.50A
(c) Penalties paid by Transporter to third
(d) Costs incurred by Transporter to collect
overrun penalties and to administer the crediting
provisions set forth in Section 6.7.
2.34 Business Day. The term "Business Day" shall
mean Monday through Friday, excluding Federal Banking
2.35 EDI. The term "EDI" shall mean the
Electronic Data Interchange as defined by then-effective
standards established by the Gas Industry Standards Board
and approved by the FERC.
2.36 Gas Day. The term "gas day" shall mean a
period beginning and ending at 9:00 a.m. Central Time.
2.37 Operational Flow Order. The term
"Operational Flow Order" means an order issued to alleviate
conditions, inter alia, which threaten or could threaten
the safe operations or system integrity of Transporter's
system or to maintain operations required to provide
efficient and reliable firm service. Whenever a
Transporter experiences these conditions,
any pertinent order will be referred to as an Operational
Flow Order. The declaration to the affected parties of
Operational Flow Orders, critical periods, and/or critical
notices should describe the conditions and the specific
responses required from the affected parties.
2.38 Operational Balancing Agreement or OBA. The
term "Operational Balancing Agreement" or "OBA" shall mean
a contract between two parties which specifies the
procedures to manage operating variances at an
2.39 Negotiated Rate. The term "Negotiated Rate"
shall mean a rate that Iroquois and Shipper have agreed
will be charged for service under Rate Schedule RTS, ITS,
or HUB where, for all or a portion of the contract term,
one or more of the individual components of such rate
exceeds the maximum rate, or is less than the minimum rate,
for such component set forth in Transporter's tariff for
service under Rate Schedule RTS, ITS, or HUB, as
applicable. Any Gas Transportation Contract, entered
into after November 16, 1997, that provides for service
under Rate Schedule RTS, ITS, or HUB at a rate other than
the applicable maximum rate shall contain a provision
stating the mutual agreement of the parties as to whether
it is an agreement for a discounted rate or for a