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. 116 Original Sheet No. 116 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

20. INTERRUPTIBLE REVENUE CREDITING

 

Within sixty (60) days of September 1 of each year following the

Implementation Date, Riverside shall file a statement with the

Commission comparing (1) the total revenues collected pursuant to Rate

Schedule IT during the period ending August 31, against (2) the total

cost of service allocated to be recovered from Rate Schedule IT. To the

extent such revenue exceeds such cost of service allocation, Riverside

shall consider any such amounts to be excess revenues. Ninety percent

(90%) of such excess revenues, less applicable surcharges and variable

costs incurred to provide the service, shall be credited against the

reservation charges paid by firm shippers served under Rate Schedule FT.

All firm shippers shall receive a pro-rata share of such credits based

on their contract MDTQ. Riverside shall retain the remaining ten

percent (10%) of such excess revenues without refund obligation.

 

 

21. LIABILITY OF PARTIES

 

Riverside and Shipper each assume full responsibility and liability for

the maintenance and operation of its respective properties and shall

indemnify and save harmless the other party from all liability and

expense on account of any and all damage, claims or actions, including

injury to and death of persons, arising from any act or accident in

connection with the installation, presence, maintenance and operation of

the property and equipment of the indemnifying party; provided however,

that neither party agrees to indemnify the other party for the

negligence of the other party, its agents, servants or employees.