Vector Pipeline L.P.
Original Volume No. 1
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Effective Date: 10/15/2007, Docket: RP07-692-000, Status: Effective
First Revised Sheet No. 122A First Revised Sheet No. 122A : Effective
Superseding: Original Sheet No. 122A
4. Imposition of Penalties
Transporter will not assess a penalty in circumstances where the
imposition of such penalty is not necessary to protect the
operational integrity of the system and/or Transporter's ability
to render reliable service.
5. Crediting of Net Penalty Revenues
One hundred percent (100%) of all net penalty revenues received by
Transporter pursuant to GT&C sections 9 and 16 during any month
will be credited to firm and interruptible transportation
Shippers, except each penalty revenue credit shall be allocated
only to those specified Shippers who were not assessed such
penalty. The credits will be allocated to the specified Shippers
proportionately based on the Contractual Capacity for firm
transportation Shippers and actual quantities transported for
interruptible transportation Shippers. Such revenue credits shall
be reflected as a credit billing adjustment to the next month's
billings rendered after the applicable month to which the credit
is determined. In the event such credit billing adjustments would
result in a credit total invoice to any Shipper, Transporter will
refund the credit billing adjustment to the Shipper in cash within
fifteen (15) days of the amount of the credit due to the Shipper.