Cimarron River Pipeline, LLC
Original Volume No. 1
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Effective Date: 09/01/2008, Docket: CP08-17-001, Status: Effective
Original Sheet No. 336 Original Sheet No. 336
GENERAL TERMS AND CONDITIONS
25. CREDITING MECHANISM
(a) Transporter shall refund unauthorized overrun and OFO penalty
revenues net of costs, plus interest pursuant to Section 154.501 of the Code
of Federal Regulations, to non-offending Shippers on an annual basis, based
on the penalty revenues collected during the previous calendar year. The
collected penalty revenues, net of costs, shall be allocated to non-
offending Shippers monthly, based upon each non-offending Shipper's
(b) Transporter shall flow through to Shippers or carry forward for
each annual billing period any excess of revenues (including all Imbalance
Penalties) received over costs incurred under the cash-out provisions in
Section 13.3. The annual rate adjustment period shall be the 12 month
period commencing each May 1, and ending the following April 30. If the net
revenues received exceed the costs incurred, then Transporter shall credit
the excess plus applicable interest pursuant to Section 154.501 of the Code
of Federal Regulations to Shippers on a pro rata basis based on the volumes
transported for each Shipper. If the net revenues are less than the costs
incurred, Transporter shall carry forward the net under-recoveries to the
subsequent annual billing period.
(c) Pursuant to Section 154.501 of the Code of Federal Regulations,
Transporter will submit a report to the Commission within 30 days of when
the credits identified above are refunded to the Shippers.
26. RATE/TARIFF CHANGES
This Tariff, including these General Terms and Conditions, and the
respective obligations of the parties under any TSA are subject to valid
laws, orders, rules and regulations of duly constituted authorities having
jurisdiction, and are subject to change from time to time by addition,
amendment, or substitution as provided by law.
Subject to the Tariff limitations and subject to applicable minimum and
maximum rates, any discounting of rates shall be done in the following
1. Base Tariff rates.
2. Applicable surcharges.