Distrigas of Massachusetts Corporation
First Revised Volume No. 1
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Effective Date: 09/01/1995, Docket: RP95-400-002, Status: Effective
Substitute First Revised Sheet No. 92 Substitute First Revised Sheet No. 92 : Superseded
Superseding: FIRST REVISED SHEET NO. 92
SERVICE AGREEMENT FOR
FIRM VAPOR SERVICE
(continued)
ARTICLE V
PRICE
5.1 Buyer shall make a non-refundable payment to Seller
of $ _____ ("Call Payment"), for firm vapor service
for the quantity of LNG set forth in Article I
hereunder. The Call Payment pursuant to this
Section 5.1 shall be made to Seller in the following
manner: As to the sales hereunder for resale in
interstate commerce, the Call Payment negotiated
between Buyer and Seller will not exceed the Call
Payment Cap prescribed in Section 3.1 of Seller's
Rate Schedule FVSS. To the extent that a Call
Payment may exceed the applicable Call Payment Cap,
Seller will refund such excess with interest, if
any, calculated pursuant to Section
154.67(c)(2)(iii) of the Commission's Regulations,
18 C.F.R. Section 154.67(c)(2)(iii). The Call Payment
Cap under this Section applies to the price of LNG
calculated at the tailgate of Seller's Everett
terminal and does not include any reservation or
other charges for transportation incurred by Seller
in making deliveries for or on behalf of Buyer under
this Agreement.
5.2 For each MMBtu delivered to Buyer, Buyer will pay
Seller a Commodity Rate of $_____ per MmBtu of LNG
delivered in vapor form. As to sales for resale in
interstate commerce, the Commodity Rate over the
term of this Agreement will not exceed the average
over such term of the Firm Commodity Cap prescribed
in Section 3.2 of Seller's Rate Schedule FVSS. The
Commodity Cap under this Section applies to the
price of LNG calculated at the tailgate of Seller's
Everett terminal and does not include any
transportation or other charges incurred by Seller
in making deliveries for or on behalf of Buyer under
this Agreement. For purposes of determining the
Firm Commodity Cap under this Section 5.2, the Gas
Price Index utilized shall be____________________.
5.3 The rates set forth in Section 5.2 shall include the
applicable GRI Surcharge established by the
Commission and in effect from time to time.