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 _____________
Where: V = MTQ of the Expansion project.
R = Maximum historical rate that applies to an original
i = FERC's annual interest rate divided by 12.
n = Average term (MTQ-weighted) of the expansion project,
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the proposed expansion shall be rescinded.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
(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