Tuscarora Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 07/01/2009, Docket: RP09-926-000, Status: Effective

First Revised Sheet No. 168A First Revised Sheet No. 168A

Superseding: Original Sheet No. 168A

 

GENERAL TERMS AND CONDITIONS

 

27. PREGRANTED ABANDONMENT & THE RIGHT OF FIRST REFUSAL (Continued)

 

27.5 Right of First Refusal. (Continued)

 

 

(1+i) n - 1

Present Value per = V x R x _____________

i(1+i) n

 

Where: V = MTQ of the Expansion project.

 

R = Maximum historical rate that applies to an original

capacity holder.

 

i = FERC's annual interest rate divided by 12.

 

n = Average term (MTQ-weighted) of the expansion project,

in months.

 

Original capacity holder service agreements will be extended from the

respective service agreement termination dates.

 

If the expansion project is cancelled, the ordinary ROFR process shall

be reinstated and contract extensions that were created as a result of

the proposed expansion shall be rescinded.

 

28. Title Transfer Tracking

 

28.1 Definitions.

 

(a) [NAESB WGQ Standard 1.2.14] Title Transfer is the change of title to

gas between parties at a location.

 

(b) [NAESB WGQ Standard 1.2.15] Title Transfer Tracking is the process of

accounting for the progression of title changes from party to party

that does not effect a physical transfer of gas.

 

(c) [NAESB WGQ Standard 1.2.16] A Title Transfer Tracking Service Provider

is a party conducting the title transfer tracking activity.

 

(d) [NAESB WGQ Standard 1.2.17] A Third Party Account Administrator is a

Title Transfer Tracking Service Provider other than the Transportation

Service Provider