American Midstream (Midla), LLC
Sixth Revised Volume No. 1
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Effective Date: 05/01/2010, Docket: RP10-483-000, Status: Effective
Original Sheet No. 103 Original Sheet No. 103
1.23 MONTHLY ALLOCATION. The term "Monthly Allocation" shall mean the process
where the Allocation Party perform the allocation process at the end of the monthly flow
period.
1.24 NAESB. The term "NAESB" shall mean the North American Energy Standards
Board or any successor entity.
1.25 NAESB Standards. The term "NAESB Standards" shall mean those standards
relating to business practices and electronic communications published by NAESB as
adopted by the FERC and included in the Code of Federal Regulations through due
process. Unless specifically indicated otherwise, all incorporated standards are as
reflected in the most recently adopted NAESB Version.
1.26 NATURAL GAS or GAS. The terms "Natural Gas" or "Gas" shall mean any
mixture of hydrocarbons or of hydrocarbons and non-combustible gases, in a gaseous
state, consisting essentially of methane.
1.27 NEGOTIATED RATE. The term ?Negotiated Rate? shall mean a rate provision
under which Pipeline and Customer have agreed on the amount to be charged for the
service under Rate Schedule NNS, FTS, ITS, FTS-OSF, or ITS-OSF which results in a
rate (including but not limited to Fuel Reimbursement) 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 (including but not limited to in the form of surcharges, credits, refunds or
return of credits or refunds).? Any Service Agreement entered into after the effective
date of this subsection which provides for a rate under Rate Schedule NNS, FTS, ITS,
FTS-OSF, or ITS-OSF other than the applicable maximum rate shall contain a provision
setting out the mutual agreement of the parties as to whether the pricing terms represent
a discounted rate or a Negotiated Rate.
1.28 NEGOTIATED RATE FORMULA. The term ?Negotiated Rate Formula? shall
mean a rate formula provision under which Pipeline and Customer have agreed will be
applied to service under Rate Schedule NNS, FTS, ITS, FTS-OSF, or ITS-OSF which
results in a rate (including but not limited to Fuel Reimbursement) 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 (including but not limited to in the form of surcharges,
credits, refunds or return of credits or refunds).? Any Service Agreement entered into
after the effective date of this subsection which provides for a rate under Rate Schedule
NNS, FTS, ITS, FTS-OSF, or ITS-OSF other than the applicable maximum rate shall
contain a provision setting out the mutual agreement of the parties as to whether the
pricing terms represent a discounted rate or a rate pursuant to a Negotiated Rate
Formula.