U-T Offshore System, L.L.C.
Third Revised Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-146-001, Status: Effective
First Revised Sheet No. 51 First Revised Sheet No. 51 : Superseded
Superseding: Substitute Original Sheet No. 51
GENERAL TERMS AND CONDITONS
(d) In the event "Natural Gas Week" ceases to publish entirely or fails to
publish the index prices listed in subsection (b) above, the following
procedures shall apply in determining a month's AMIP:
(1) Should, in any given week, "Natural Gas Week" fail to publish one of
the two index prices used in determining that week's WIP, the WIP
will be determined using the remaining published index price.
(2) Should, in any given week, "Natural Gas Week" fail to publish both
of the index prices used in determining that week's WIP, there will
be no WIP for that week used in determining the month's AMIP.
(e) In the event the foregoing prices are no longer available or valid, U-TOS
will file to change the Tariff and may, at its discretion, select a
representative price in the interim period, subject to adjustment.
8.4 Purchase and Sale of Gas. U-TOS is not providing a supply service under any
Rate Schedule of this Tariff. Without limitation of the foregoing, U-TOS may
buy and sell gas to the extent necessary to maintain system pressure, to
maintain line pack and provide additional line pack for new facilities, to
implement the cashout procedures under this Section 8 and to perform other
functions in connection with providing transportation service. Such sales shall
be authorized pursuant to U-TOS' blanket sales certificate. Nothing herein
shall impose on U-TOS any obligation to provide a supply function to any of its
8.5 Refund of Cash-Out Revenues in Excess of Costs.
(a) This subsection of Section 8 sets forth the procedures under which U-TOS
will refund or carry forward, for each annual billing period, any
difference between the revenues received by Seller and the costs incurred
by Seller under the cash-out provisions of U-TOS' firm and interruptible
transportation rate schedules. For purposes of this subsection 8.5, an
annual billing period shall be the twelve month period commencing each
November 1 and ending the following October 31 with the first such annual
billing period commencing November 1, 1993 and ending October 31, 1994.
(b) Subsequent to the end of each annual billing period U-TOS shall compare
the revenues received by U-TOS under the cash-out procedures with the
costs incurred by U-TOS under such cash-out procedures. If the revenues
received exceed the costs incurred, then U-TOS shall refund, within 60
days of the end of the annual billing period, the net overrecoveries to
firm and interruptible transportation customers on a pro rata basis in
accordance with the transportation volumes U-TOS has delivered during the
annual billing period. If the revenues received are less than the costs
incurred, then U-TOS shall carry forward the net underrecoveries to the
subsequent annual billing period and may offset such net underrecoveries
against any future net overrecoveries that may occur in a subsequent
annual billing period.
9. RECEIPT AND DELIVERY PRESSURE
9.1 Pressure at the Points of Receipt. Shipper shall cause the gas to be delivered
at the Points of Receipt at a pressure sufficient to allow the Gas to enter the