Midcoast Interstate Transmission, Inc.
Second Revised Volume No. 1
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Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective
First Revised Sheet No. 135 First Revised Sheet No. 135 : Effective
Superseding: ORIGINAL SHEET NO. 135
GENERAL TERMS AND CONDITIONS (Continued)
reflect changes in that rate resulting from
increases or decreases billed by its upstream gas
pipeline supplier(s) or changes in Transporter's
through-put. Further, at the end of the five (5)
year period, Transporter shall compare the amount
collected by the Volumetric Take-Or-Pay Surcharge
to the amount to be recovered through that
surcharge and either bill or refund any over-or-
under recovery on a pro rata basis. Such
adjustment shall not include any amounts which are
uncollected because of discounting of
Transporter's interruptible transportation rates.
(e) Transporter shall be entitled to carrying charges
computed consistent with the method used by
Tennessee as approved by the Commission, on the
difference between amounts recovered by
Transporter and the total amount to be recovered
from Transporter's jurisdictional business.
26.2 Refunds: Any refund of take-or-pay amounts received by
Transporter from Tennessee will be refunded to
Transporter's customers on the same basis as the
refunded amount, including carrying charges, was
collected from the customers.
26.3 Payment: The amount of each jurisdictional customer's
Take-or-Pay Charge, as calculated pursuant to Section
26.1 above, shall be due and payable consistent with
the method described in Section 6.1 of General Terms
and Conditions of Transporter's FERC Gas Tariff,
Original Volume No. 1.
27. CONVERSION OF FIRM CONTRACTS
27.1 Upon the effective date of Transporter's filing in FERC
Docket No. RS92-27, any Buyer receiving service under
Transporter's Rate Schedule G as of November 1, 1992,
Rate Schedule SG as of May 18, 1992 or which had a Firm
Direct Sales Contract as of May 18, 1992 shall convert
its full sales contract entitlement under said sales
Rate Schedule to firm transportation service and shall
execute an FT or FT-SG Contract, as applicable, in
accordance with the provisions of Transporter's Rate
Schedule FT or FT-SG.