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. 317 Original Sheet No. 317 : Effective
GENERAL TERMS AND CONDITIONS (Continued)
37. TAKE-OR-PAY BUYOUT AND BUYDOWN COST RECOVERY MECHANISM
(For Filings Submitted to FERC After November 1, 1990) (Continued)
Shipper and Transporter under Transporter's previously
effective Rate Schedules G-1 and SGS-1, or successor(s),
contained in Transporter's canceled FERC Gas Tariff, First
Revised Volume No. 1, is terminated or has its term reduced for
any reason, including, but not limited to, the expiration of
said agreement, cancellation and abandonment of service,
conversion of such agreement to transportation service, a
change in corporate identity or bankruptcy. In such event,
Transporter shall, at Shipper's option, either (a) bill
Shipper, within forty-five (45) days after the effectiveness of
such termination or reduction, a one-time charge for the full
amount of said Shipper's fixed monthly surcharge remaining due
for the total recovery period, or (b) continue billing the
fixed monthly surcharge to Shipper or, if appropriate,
Shipper's successor in interest, during the remainder of the
total recovery period (including under its new corporate
identity, if any, and/or under Shipper's new Rate Schedule, if
any, or in any other manner allowable). Shipper shall remain
obligated to pay any additional charges for buyout/buydown
costs resulting from future filings permitted under law to
recover buyout/buydown costs related to gas purchase contracts
which were not the subject of litigation before court(s) and/or
arbitration proceedings as of March 31, 1989 to the extent
Shipper is a customer at the time of such filing. Shipper
shall also remain obligated to pay any additional charges for
buyout/buydown costs resulting from future filings to recover
costs related to gas purchase contracts which were the subject
of litigation before court(s) and/or arbitration proceedings as
of March 31, 1989.
Transporter reserves the right to reallocate among its
remaining Shippers to whom the fixed monthly surcharge
provisions of this Section 37 are applicable, all fixed monthly
surcharges in the event any customer is relieved of its
obligation to pay its otherwise applicable fixed monthly
surcharge by a FERC or court order.
37.6 Payment. Transporter shall include the applicable surcharges
to Shipper pursuant to this Section 37 in the monthly billing
statements rendered to Shipper pursuant to the Billings and