Trunkline Gas Company, LLC

Third Revised Volume No. 1

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Effective Date: 06/13/2010, Docket: RP10-731-000, Status: Effective

First Revised Sheet No. 294 First Revised Sheet No. 294

Superseding: Orignal Sheet No. 294

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

23. FLOW THROUGH OF CASH OUT REVENUES AND PENALTIES (Continued)

 

the actual revenues and volumes transported billed for

services during months in which the Non-Offending Shipper's

contract imbalance did not exceed 5%.

 

23.2 Flow Through of Penalties in Excess of Costs

 

(A) This Section 23.2 sets forth the procedures under which

Trunkline will flow through to Shippers any penalties in

excess of costs collected pursuant to Sections 4.7, 5.1, 5.3,

6.3 and 12.2 herein (Penalty Amount), for the period

beginning May 1, 2001. Trunkline will reduce such penalties

for reasonable incremental out-of-pocket costs incurred as a

direct result of the Shipper's conduct which was penalized

pursuant to these Sections.

 

(B) The crediting period applicable to this Section 23.2 shall be

monthly.

 

(C) Trunkline will net the penalty revenues received against the

reasonable incremental out-of-pocket costs incurred for such

revenues. Trunkline will credit the net Penalty Amount to

those Shippers under Rate Schedules FT, SST, EFT, QNT,

LFT,FFZ, IT and QNIT that were not billed pursuant to

Sections 4.7, 5.1, 5.3, 6.3 and 12.2 of the General Terms and

Conditions during the applicable month (Non-Offending

Shippers). Each Non-Offending Shipper's credit shall be

calculated by multiplying the Penalty Amount by (1) 50% of

the ratio of the actual revenues billed for services to the

Non-Offending Shipper during the applicable month to the sum

of the actual revenues billed for such services to all Non-

Offending Shippers during the applicable month plus (2) 50%

of the ratio of the actual volumes transported of the Non-

Offending Shipper during the applicable month to the sum of

the actual total volumes transported of all Non-Offending

Shippers during the applicable month. The actual revenues

and volumes transported used to compute the Non-Offending

Shipper's credit shall be the actual revenues and volumes

transported billed for services during the applicable month

in which the Non-Offending Shipper was not billed pursuant to

Sections 4.7, 5.1, 5.3, 6.3 and 12.2 of the General Terms and

Conditions.