Texas Gas Transmission Corporation
First Revised Volume No. 2-A
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Effective Date: 10/03/1993, Docket: RP93-189-000, Status: Effective
1 / Sheet No. 113 1 / Sheet No. 113 : Effective
Superseding: Original Sheet No. 113
GENERAL TERMS AND CONDITIONS
into pre-January 1, 1982, and post-December 31,
1981, connected well sources.
23. Take-or-Pay Settlement Payment Cost Recovery Mechanism
23.1 Purpose. This Section of the General Terms and
Conditions sets forth the procedures (a) to reflect
charges associated with the recovery of Transpor-
ter's Take-or-Pay (TOP) Settlement Payments and
(b) by which Transporter will adjust the charges in
order to reflect Transporter's actual payments as
well as associated interest charges.
23.2 Definitions. The definition of terms applicable to
this Section are as follows:
(a) Fixed Charge Recovery Period - The one (1)
year period beginning on October 1, 1993, and
ending on September 30, 1994.
(b) Annual Commodity TOP Surcharge Recovery Period
- The annual period beginning on October 1,
1993, and ending on September 30, 1994.
(c) Producer Suppliers - Any producer of natural
gas with whom Transporter has executed or will
execute a contract for the first sale of
(d) TOP Settlement Payments - Any costs incurred
by the Company directly or indirectly to
extinguish outstanding take-or-pay exposure
under existing contracts or to terminate the
contracts or to reform the price, volume or
other pertinent economic terms of the con-
tracts with producer suppliers. These costs
may include any similar future payments which
the company may file to recover pursuant to
the Commission's regulations.