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.