Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective
Original Sheet No. 197 Original Sheet No. 197
GENERAL TERMS AND CONDITIONS
(Continued)
(ii) To volumes in excess of Shipper's aggregate Maximum
Daily Quantity under its Firm Transportation Service Agreement or to
volumes in excess of the contractual Maximum Daily Quantity
specified at a particular receipt or delivery point; and
(iii) To a primary firm Shipper that is unable to schedule
at a receipt or delivery point due to that point being scheduled by
an alternate shipper that was properly scheduled in an earlier
nomination cycle that is not eligible to be reduced (bumped) in the
current cycle; and
(b) Reservation charge credits shall be calculated as follows:
(i) The volume on which credits are payable shall be
calculated by taking 100% of the total for the month of the primary
confirmed nominations minus the total for the month of the scheduled
quantities, as adjusted pursuant to Section 15.3(a). In no event
shall the same Dth of gas be included more than once in such
calculation.
(ii) During periods when Transporter does not experience a
force majeure event, the reservation charge credit shall be the
product of the volume determined in Section 15.3(b)(i) above
multiplied by the contract reservation rate stated on a daily
basis.
(iii) During periods when Transporter experiences a force
majeure event, the reservation charge credit shall be the product of
the volume determined in Section 15.3(a) above multiplied by the
product of the contract reservation rate stated on a daily basis,
and the percent of the currently effective reservation rates that
represent Millennium's equity return and associated income taxes.
(iv) Reservation charge credits under discounted firm
transportation service agreements shall be applicable only to that
portion of the discounted rate that exceeds the current non-equity
return and associated tax portion of the maximum reservation rate.
(c) Any reservation charge credit payable shall be reflected on
the Shipper's monthly invoice and shall be applied to offset any
outstanding transportation past due balances owed by Shipper.