Trunkline LNG Company, LLC

Second Revised Volume No. 1-A

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Effective Date: 08/01/2009, Docket: RP09-799-000, Status: Effective

First Revised Sheet No. 131 First Revised Sheet No. 131

Superseding: Original Sheet No. 131

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

23. REVENUE CREDIT

 

23.1 Applicability

 

The credit available under this Section 23 shall apply to all

Long-Term Agreements at Maximum Rates under Rate Schedule FTS.

 

23.2 Basis of the Credit

 

Revenues to which the credit under this Section 23 shall apply

(“Eligible Revenues”) shall be the revenues actually received

by TLNG in excess of $3,000,000 annually that are attributable

to (i) inventory charges under Rate Schedule ITS, (ii) daily

lending charges under Rate Schedule LLS, (iii) reservation

charges and overrun charges under Rate Schedule FTS Service

Agreements having a primary term of less than 12 months of

consecutive service, (iv) usage charges under Rate Schedule

IAV, and (v) monthly overrun charges under Long-Term

Agreements. Each month TLNG shall credit to current month

invoices of Shippers receiving service under Maximum Rate Long-

Term Agreements under Rate Schedule FTS 100% of the Eligible

Revenues received during the prior month.

 

23.3 Apportionment of Eligible Revenues

 

Eligible Revenues attributable to a month shall be apportioned

among all Shippers paying Maximum Rates pursuant to Long-Term

Agreements by applying the following ratio for each Shipper:

(a) the Shipper’s total MCSC in effect during that month under

Maximum Rate Long-Term Agreements (b) divided by the sum of all

MCSCs in effect during that month for all Shippers under

Maximum Rate Long-Term Agreements provided, however, that no

Shipper shall receive a credit under this Section 23 in excess

of its reservation charges under the applicable Long-Term

Agreements for that month.

 

23.4 Credit Subject to Refund

 

In the event that any revenues credited pursuant to this

Section 23 are subject to refund, and are ultimately required

to be refunded to Shippers receiving service under Rate

Schedules ITS, LLS, short-term FTS Service Agreements or FTS