Central Kentucky Transmission Company
Original Volume No. 1
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Effective Date: 05/01/2006, Docket: CP05- 48-002, Status: Effective
Original Sheet No. 183 Original Sheet No. 183 : Effective
GENERAL TERMS AND CONDITIONS
(e) To the extent that any penalty directly results from
Shipper's reliance on inaccurate data from Transporter, or is otherwise
caused by Transporter, no penalty will be assessed that is attributable to
such inaccurate data.
19.6 Penalty Crediting Mechanism.
(a) The purpose of this provision is to provide the mechanism
(except the mechanism currently existing at Section 16.5(e) of the General
Terms and Conditions) and by which Transporter shall credit any "Penalty
Revenues," as defined herein, to "Non-Penalized Shippers."
(b) For purposes of this Section 19.6 the following definitions
(i) The term "Penalty Revenues" shall mean penalty
amounts assessed and actually collected, net of Transporter's costs,
during each month of a contract year (November 1 to October 31)
pursuant to the penalty provisions of this Tariff; exclusive of (a)
Transporter's actual gas, transportation and retainage costs for the
replenishment of gas quantities with respect to Section 9.8(b) of the
General Terms and Conditions; and (b) overrun transportation revenue
imposed pursuant to the terms of any of Transporter's Rate Schedules.
(ii) The term "Non-Penalized Shippers" shall mean
Shippers, other than Shippers that were assessed penalties during any
month of a contract year (November 1 to October 31) pursuant to the
penalty provision of this Tariff, under Transporter's FTS and ITS Rate