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.