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