MidContinent Express Pipeline LLC
Original Volume No. 1
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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective
Original Sheet No. 272 Original Sheet No. 272
GENERAL TERMS AND CONDITIONS
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discounted rate will apply only if specified volumes are achieved or
only if the volumes do not exceed a specified level; that a specified
discounted rate will apply only during specified periods of the Year
or for a specifically defined period; that a specified discounted
rate will apply only to specified points, zones, mainline segments,
supply areas, 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 transported;
(i.e., that the reservation charge will be adjusted in a specified
relationship to volumes actually transported); that a discounted rate
may be based on a formula, including a formula utilizing pricing
indices consistent with Section 34 of the General Terms and
Conditions of MEP's FERC Gas Tariff; and/or that a specific discount
rate shall apply only to reserves dedicated by Shippers to MEP'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 MEP's maximum rates so that such rate component must be
adjusted downward to equal the new applicable maximum rate, then
other rate components of the same Agreement or a different Agreement
for the same or a different service 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.
(c) Surcharges. MEP may agree to discount any surcharges
applicable to any service Agreement to the maximum extent permitted
by Commission policy.
(d) If the parties agree upon a rate other than the
applicable maximum rate, such written Agreement 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 30 of the General Terms and Conditions of MEP's
Tariff.