Mississippi Canyon Gas Pipeline, LLC

First Revised Volume No. 1

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Effective Date: 09/01/2002, Docket: RP00-391-001, Status: Effective

Original Sheet No. 113A Original Sheet No. 113A : Effective

 

 

 

GENERAL TERMS AND CONDITIONS (cont'd)

 

15.6 Crediting of Penalty Revenue

 

All penalty amounts received by Transporter, net of

costs, pursuant to Section 15.2, shall be credited to

all Shippers who had Service Agreements in effect

during said month and were not in violation of the OFO

(non-offending Shippers).

 

(a) The credit shall be calculated without interest to

each non-offending Shipper on a pro rata basis

based on the monthly MDQ in effect under each of

the Shipper's Service Agreements.

 

(b) The credit will be reflected on each Shipper's

respective invoice within sixty (60) days after

the end of the calendar month any penalty was

collected.

 

(c) Any amount collected pursuant to Section 15.2

 

shall be credited only to those Shippers not in

 

violation of the OFO (non-offending Shippers), and

 

reduced by any costs directly incurred and

 

revenues foregone by Transporter as a result of an

 

OFO violation.