Rendezvous Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 02/08/2007, Docket: RP07- 6-000, Status: Effective

Original Sheet No. 58 Original Sheet No. 58 : Pending

 

 

19.10 Revenue Credits for Released Capacity.

 

(a) Eligibility. Transporter shall provide revenue

credits to any Shipper, which temporarily

releases, under the Capacity Release Provisions of

this Tariff, all or any portion of its contract

demand under a Service Agreement governed by the

provisions of Rate Schedule FT included in

Transporter's Tariff.

 

(b) Monthly Crediting Procedure. Releasing Shipper

shall be billed each Month for the reservation

charge(s) associated with the released capacity

pursuant to its Service Agreement, with a

concurrent conditional credit for the payment of

the reservation charge(s) due from the Replacement

Shipper; provided, however, if the reservation

charge(s) due from the Replacement Shipper exceed

the reservation charge associated with the

capacity released by the Releasing Shipper, then

Transporter will include a concurrent conditional

credit of an amount equal to the reservation

charges associated with the capacity released by

the Releasing Shipper plus one half of the

reservation charge(s) due from the Replacement

Shipper that are in excess of the reservation

charge associated with the capacity released by

the Releasing Shipper. This bill shall include an

itemization of credits and adjustments associated

with each Capacity Release Service Agreement.

Releasing Shipper shall also be billed a marketing

fee pursuant to Section 19.11, if applicable.

 

(c) Failure to pay. If a Replacement Shipper does not

make payment to Transporter of the reservation

charge(s) due as set forth in Section 5,

Transporter shall notify the Releasing Shipper

within ten (10) Business Days of the amount due,

including all late charges authorized in Section

5, and such amount shall be paid by Releasing

Shipper. In addition, Releasing Shipper may

terminate the release of capacity to a Replacement

Shipper if such Replacement Shipper fails to pay

all of the amount of any bill for service under

the executed capacity release Service Agreement

upon at least one (1) week of notice to

Transporter and such Replacement Shipper. Once

terminated, capacity rights and the responsibility

to pay all charges specified in the original

service agreement applicable to the capacity that

was released shall revert back to the Releasing

Shipper.

 

Transporter shall apply partial payments received

from Replacement Shippers, in interpreting the

provisions of this section 19.10, first to

reservation charges, then to usage charges, then

to penalty charges and finally to late charges.

 

19.11 Marketing Fee. Transporter will be entitled to

receive a marketing fee from Releasing Shipper in the

event Transporter and Releasing Shipper agree that

Transporter will actively market Releasing Shipper's

transportation rights under this Section 19.