Texas Gas Pipe Line Corporation
Third Revised Volume No. 1
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Effective Date: 06/01/1990, Docket: RP90-112-001, Status: Effective
Substitute Original Sheet No. 7 Substitute Original Sheet No. 7 : Effective
Superseding: Original Sheet No. 7
RATE SCHEDULE G-1
This rate schedule is available to Texas Eastern Transmission
Corporation (hereinafter called Buyer) for the purchase of natural
gas from Texas Gas Pipe Line Corporation (hereinafter called Seller)
in the State of Texas.
This rate schedule shall apply to all gas sold by Seller to
Buyer. Deliveries on any day up to the Daily Contract Maximum
specified by the executed service agreement shall be considered
The rate shall be per Mcf delivered by Seller to Buyer.
The unit rate shall be as set forth from time to time in the
currently effective Sheet No. 4 of this FERC Gas Tariff, Third
Revised Volume No. 1, which rate is incorporated herein by reference.
4. MINIMUM ANNUAL BILL
The minimum annual bill shall be on a calendar year basis (or
any part thereof during which this provision is effective) and the
amount due, if any, shall be equal to the products of (a) and (b)
(a) The rate specified in Section 3 of this rate
schedule,excluding those variable costs associated
with gas not taken by the Buyer included in such rate;
(b) the volume, if any, by which the minimum annual
volume (computed by multiplying 75% of the
applicable Daily Contract Maximum by the number
of days during the calendar year that the applicable
Daily Contract Maximum was in effect) exceeds the
volume of gas received and purchased by Buyer
from Seller under this Rate Schedule during the
calendar year or any applicable part thereof.
Seller shall render a statement to Buyer of any payments due, if
any, under this provision for the preceding calender year on or
before each February 15th and Buyer shall pay such amount within
_____ days of receipt of such statement.
In no event, however, shall Buyer be required by the specified
minimum annual bill to pay for any gas not taken by it unless Seller
shall have such quantities of gas available for delivery; nor shall
Buyer be required to pay for any gas not taken by it when such
failure to take has been caused by Force Majeure conditions as
specified in Section 8 of the General Terms and Conditions.