Riverside Pipeline Company, L. P.

First Revised Volume No. 1

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Effective Date: 10/01/1993, Docket: RS92- 48-001, Status: Effective

Original Sheet No. 112 Original Sheet No. 112 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

18. CAPACITY RELEASE PROGRAM (Cont'd)

 

18.6 (b) A credit will be included on each Releasing Shipper's

monthly bill to reflect the reservation fee invoiced to

Replacement Shippers less any negotiated marketing fee

retained by Riverside pursuant to Section 18.8. In the

event of a volumetric release with a one-part rate, the

one-part rate shall be no greater than the 100% load factor

equivalent of Riverside's maximum reservation charge

currently applicable to the service released and shall be

credited to the Releasing Shipper's monthly bill for

reservation charges applicable to such service.

 

If a Replacement Shipper fails to pay all or any part of the

reservation fee so credited within thirty (30) days of its

due date, then such unpaid amount will be charged to the

Releasing Shipper's next monthly bill and will be due and

payable by the Releasing Shipper in accordance with Section

7 of these General Terms and Conditions.

 

The payment of the reservation charge by the Replacement

Shipper on a one-part volumetric basis shall not relieve

Riverside, the releasing Shipper or the Replacement Shipper

from their obligations to conform to all of the terms and

conditions of this Section 18.

 

(c) When a Releasing Shipper assigns Transportation service

rights under Rate Schedule FT, the MDTQ under the

Transportation Agreement will be reduced proportionately by

the amount of MDTQ assigned. Any imbalance in excess of

this reduced MDQ must be reduced to the new tolerance level

in the month following the completion of the assignment to

avoid balancing charges pursuant to Section 15.2.