Natural Gas Pipeline Company Of America
Seventh Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 11/09/2009, Docket: RP09-855-002, Status: Effective
Substitute First Revised Sheet No. 616 Substitute First Revised Sheet No. 616
Superseding: Original Sheet No. 616
EXHIBIT A
DATED ............
EFFECTIVE ...................
(CON'T)
transportation paths, markets or other defined geographical area(s); that
a specified discounted rate(s) will apply in a specified relationship to
the volumes actually tendered (i.e., that the reservation charge will be
adjusted in a specified relationship to volumes actually tendered); and/or
that the discount will apply only to reserves dedicated by Shippers to
Natural's system. Notwithstanding the foregoing, no discount agreement may
provide that an agreed discount as to a certain volume level will be
invalidated if the Shipper transports an incremental volume above that
agreed level. In addition, the discount agreement may include a provision
that if one rate component which was at or below the applicable maximum
rate at the time the discount agreement was executed subsequently exceeds
the applicable maximum rate due to a change in Natural's maximum rates so
that such rate component must be adjusted downward to equal the new
applicable maximum rate, then other rate components may be adjusted upward
to achieve the agreed overall rate, so long as none of the resulting rate
components exceed the maximum rate applicable to that rate component.
Such changes to rate components shall be applied prospectively, commencing
with the date a Commission order accepts revised tariff sheets. However,
nothing contained herein shall be construed to alter a refund obligation
under applicable law for any period during which rates which had been
charged under a discount agreement exceeded rates which ultimately are
found to be just and reasonable. If the parties agree upon a rate other
than the applicable maximum rate, such written Agreement(s) shall specify
that the parties mutually agree either: (1) that the agreed rate is a
discount rate; or (2) that the agreed rate is a Negotiated Rate (or
Negotiated Rate Formula). In the event that the parties agree upon a
Negotiated Rate or Negotiated Rate Formula, this Agreement shall be
subject to Section 49 of the General Terms and Conditions of Natural's
Tariff.