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.