Williston Basin Interstate Pipeline Co.

Second Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 13-004, Status: Effective

Original Sheet No. 299 Original Sheet No. 299 : Effective

 

GENERAL TERMS AND CONDITIONS (Continued)

 

36. TAKE-OR-PAY BUYOUT AND BUYDOWN COST RECOVERY MECHANISM

(For Filings Submitted to FERC Prior to November 1, 1990) (Continued)

 

claims, and any other amount constituting a buyout or buydown

cost (hereinafter collectively referred to as "buyout/buydown"

payments or costs).

 

In the event Transporter makes more than one filing to recover

buyout/buydown costs, Transporter reserves the right to propose

different recovery methods and/or different total recovery

periods for each such filing.

 

36.2 Definitions. The definitions of terms applicable to this

Section 36 are as follows:

 

36.2.1 Total Recovery Period - The period beginning on the

effective date any new rates become effective under

this Section 36 and continuing until all amounts and

interest (hereinafter also referred to as carrying

charges) thereon have been amortized in accordance with

Subsection 36.4 hereof. The length of each total

recovery period will be determined and specified by

Transporter at the time of filing for authority to

implement such rates based on dollar amounts paid by

Transporter pursuant to Subsection 36.2.2 hereof. The

"First Total Recovery Period" shall begin July 1, 1990,

for service rendered on and after that date, and

continue thereafter through June 30, 1995 for purposes

of the Fixed Monthly Surcharge established pursuant to

Subsection 36.3.1 hereof and shall begin November 1,

1990, for service rendered on and after that date, and

continue thereafter through October 31, 1995 for

purposes of the Throughput Surcharge established

pursuant to Subsection 36.3.3 hereof. Carrying Charges

as provided for in this Section 36, however, shall

begin accruing on all Amortized Amounts to be recovered

during the First Total Recovery Period on July 1, 1990.

 

36.2.2 Payments to Producer/Suppliers - The dollar amounts

paid by Transporter to any of its producers/suppliers

which constitute buyout/buydown payments. Such

payments will include payments made pursuant to

order(s) or settlement(s) with respect to gas purchase

contracts which are or were the subject of litigation