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

(Continued)

 

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

natural gas.

 

(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.