Maritimes & Northeast Pipeline, L.L.C.
First Revised Volume No. 1
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Effective Date: 07/01/2010, Docket: RP09-809-004, Status: Effective
Sub Fifth Revised Sheet No. 308 Sub Fifth Revised Sheet No. 308
Superseding: Fifth Revised Sheet No. 308
GENERAL TERMS AND CONDITIONS
(continued)
33. INTERRUPTIBLE REVENUE SHARING MECHANISM
33.1 General. In conjunction with its annual filing under Section 20
(FRQ) of the GT&C, Pipeline will determine the amount of revenues
(if any) during the applicable annual reconciliation period that
are in excess of $9 million for providing mainline interruptible
services (including MNIT, MNPAL, and any other mainline
interruptible services that become effective in the future under
the Tariff).
33.2 Reconciliation Period. Each annual reconciliation period for
determining shared revenues for providing mainline interruptible
services will be the twelve months ended July 31.
33.3 Computation. To the extent that revenues for providing mainline
interruptible services (less the amounts resulting from (i)
applicable surcharges; (ii) the minimum Usage Charge for all
quantities transported under the applicable interruptible rate
schedules; and (iii) penalties pursuant to Section 3.2(A)(3) of
Rate Schedule MNIT) during the applicable annual reconciliation
period exceed $9 million, then fifty percent (50%) of the
revenues in excess of $9 million will be retained by Pipeline and
the remaining fifty percent (50%) of excess revenues will be
credited pro rata to all firm mainline Customers. Any such
credit will be due and payable to firm mainline Customers along
with the next debit or credit for Customers contemplated under
Section 20.4(c) of the GT&C. Any such credit under this Section
33.3 will be allocated pro rata, based on actual throughput
during the applicable annual reconciliation period.