Cameron Interstate Pipeline, LLC
Original Volume No. 1
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Effective Date: 11/01/2008, Docket: RP08-647-000, Status: Effective
Original Sheet No. 155 Original Sheet No. 155
GENERAL TERMS AND CONDITIONS
(continued)
25. PENALTY REVENUE SHARING
For each Month during each calendar year, Pipeline shall determine (a) each
Shipper that has not incurred in that Month any of the penalties for
unauthorized overruns or underdeliveries, failures to abide by an OFO or
curtailment order and other misconduct (a "Non-Offending Shipper"), and (b)
the penalty revenue net of costs collected by Pipeline during those Months
in which there was a Non-Offending Shipper. Within 120 days after the end
of each calendar year, Pipeline shall distribute such penalty revenue net
of costs to Non-Offending Shippers on Pipeline's system. Only costs
incurred as a result of a Shipper's unauthorized overrun or
underdeliveries, failure to abide by an OFO and other misconduct and from
the transactions that gave rise to the penalty amounts shall be deducted
from the penalty revenue. Pipeline will refund such penalty revenue net of
costs for a Month to a Non-Offending Shipper in such Month in proportion to
the Non-Offending Shipper's use of Pipeline's system relative to the use of
Pipeline's system by all Non-Offending Shippers during such Month. If such
penalty revenue net of costs for a calendar year, plus any amounts carried
over from prior years, is less than Four Hundred Thousand Dollars
($400,000), then Pipeline may carry such balance of revenue forward to the
next calendar year.