Horizon Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 04/18/2002, Docket: CP00-129-001, Status: Effective
Original Sheet No. 103 Original Sheet No. 103 : Effective
GENERAL TERMS AND CONDITIONS
factors will be reported to not less than six (6) decimal places.
For calculation purposes, not less than six (6) decimal places
will be used for both conversion factors.
"Mcf" shall mean one thousand (1,000) cubic feet of
"MDQ" shall mean the maximum daily quantity of gas
which Horizon is obligated to receive or deliver at each Receipt
or Delivery Point or in the aggregate, as specified in the
"Month" shall mean the period beginning on the first
day of any calendar month and ending on the first day of the next
succeeding calendar month.
1.17 NEGOTIATED RATE
The term "Negotiated Rate" shall mean a rate provision
under which Horizon and Shipper have agreed on the amount to be
charged for the service under Rate Schedule FTS or ITS which
results in a rate where, for all or a portion of the contract
term, one or more of the individual components of such rate
exceeds or may exceed the applicable maximum rate or is less than
or may be less than the applicable minimum rate. Any Agreement
entered into which provides for a rate under Rate Schedule FTS or
ITS other than the applicable maximum rate shall contain a
provision setting out the mutual agreement of the parties,
consistent with Commission policy, as to whether the pricing terms
represent a discounted rate or a Negotiated Rate.