NorAm Gas Transmission Company

Fourth Revised Volume No. 1

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Effective Date: 01/01/1996, Docket: RP94-343-013, Status: Effective

Second Revised Sheet No. 315 Second Revised Sheet No. 315 : Superseded

Superseding: First Revised Sheet No. 315

GENERAL TERMS AND CONDITIONS

(continued)

 

 

23.6 Exit Fee.

 

Transporter shall have the right to collect as part

of an exit fee any remaining unrecovered purchased

gas costs pursuant to Section 23.1 above, the GSR

Costs, stranded costs and new facilities costs,

upstream firm interstate transportation costs and

other amounts related to services provided to

Shippers, as Transporter and Shipper may agree.

 

23.7 IT Revenue Credit to Firm Transportation.

 

The maximum reservation charge under Rate Schedules

FT and NNTS shall be adjusted by the IT Revenue

Credit, which shall be determined by dividing the FT

Excess Revenue Share (discussed at Section

23.2(b)(iv) above) by the total annual contract

demand under Rate Schedules FT and NNTS (i.e., total

Contract Demands and Contract Delivery Demands

multiplied by twelve) in effect on January 1 of the

Accrual Period as set out in Section 23.2(b)(iv). The

IT Revenue Credit shall be calculated to include

interest on the appropriate amounts, in accordance

with Section 154.67(c)(2) of the Commission's

regulations. The appropriate amount of FT Excess

Revenue Share, if any, will be determined in

accordance with the provisions of Section

23.2(b)(iv). Interest on such FT Excess Revenue Share

will accrue from the end of its Accrual Period to the

effective date of the IT Revenue Credit. Transporter

shall file to make the IT Revenue Credit effective

(April 1, 1996, and each April 1 thereafter) for the

next succeeding twelve month period.

 

23.8 Excess ISS Revenues/Remaining ISS Costs.