Cimarron River Pipeline, LLC
Original Volume No. 1
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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective
Original Sheet No. 227 Original Sheet No. 227
GENERAL TERMS AND CONDITIONS
12.4 True-up Mechanism:
(a) Field Fuel. Transporter shall compare the volume of Field Fuel
Reimbursement retained for the most recent 12 months ended December 31 with
the volume of Field Fuel consumed for the same period on a MID-by-MID basis
to determine the Field Fuel adjustment amount. Each MID's Field Fuel
adjustment amount will be divided by the applicable MID throughput quantity
to determine the Field Fuel adjustment percentage to be included in the
MID's Field Fuel Reimbursement percentage for the period beginning the
subsequent April 1. To the extent a MID's Field Fuel adjustment percentage
is zero, a Field Fuel adjustment amount will not be applicable to that MID's
Field Fuel Reimbursement percentage. Under-collection will result in a
positive MID Field Fuel adjustment amount. Over-collection will result in a
negative MID Field Fuel adjustment amount. For purposes of determining the
Field Fuel adjustment amounts for years subsequent to the initial year of
the Fuel Reimbursement, the applicable MID Field Fuel adjustment amount for
the prior year is first added to the applicable actual MID Field Fuel
retained for the prior year. To determine the Field Fuel adjustment amounts
for the subsequent year, the volume of the applicable MID Field Fuel
Reimbursement retained will be compared to the applicable MID Field Fuel
consumed.
(b) ML Fuel. Transporter shall compare the volume of ML Fuel
Reimbursement retained for the most recent 12 months ended December 31 with
the volume of ML Fuel consumed for the same period to determine the ML Fuel
adjustment amount for the ML Fuel percentage. The ML Fuel adjustment amount
will be divided by the applicable throughput to determine the ML Fuel
adjustment percent to be included in the ML Fuel percentage for the period
beginning the subsequent April 1. Under-collection will result in a
positive ML Fuel adjustment amount. Over-collection will result in a
negative ML Fuel adjustment amount. For purposes of determining the ML Fuel
adjustment amount for years subsequent to the initial year of the Fuel
Reimbursement, the ML Fuel adjustment amount for the prior year is first
added to the actual ML Fuel retained for the prior year. To determine the
ML Fuel adjustment amount for the subsequent year, the volume of the ML Fuel
Reimbursement retained will be compared to the ML Fuel consumed.