Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 01/27/2009, Docket: RP09-283-001, Status: Effective
SEVENTH REVISED SHEET NO. 50B SEVENTH REVISED SHEET NO. 50B
Superseding: SIXTH REVISED SHEET NO. 50B
2.40 Negotiated Rate Formula. The term "Negotiated
Rate Formula" shall mean a rate formula that Iroquois and
Shipper have agreed will apply to service under Rate Schedule
RTS, ITS, or HUB 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 the maximum rate, or is less
than the minimum rate, for such component set forth in
Transporter's tariff for service under Rate Schedule RTS, ITS,
or HUB, as applicable. Any Gas Transportation Contract,
entered into after November 16, 1997, that provides for service
under Rate Schedule RTS, ITS, or HUB at a rate other than the
applicable maximum rate shall contain a provision stating the
mutual agreement of the parties as to whether it is an agreement
for a discounted rate or for a rate pursuant to a Negotiated
2.41 Recourse Rate. The term "Recourse Rate" shall
mean the applicable maximum rate that would apply to the service
but for the rate flexibility allowed under Sections 28 and 32
2.42 Electronic Bulletin Board (EBB). The term
"Electronic Bulletin Board" and its abbreviation "EBB" shall
mean Iroquois' method of providing the "Customer Activities
Website"/"Informational Postings" data as defined by NAESB.
2.43 Reserved for future use
2.44 NAESB. North American Energy Standards Board.
2.45 Segment. The term "Segment" shall mean a portion
of Transporter's pipeline system no smaller than that located
between any Receipt Point and the nearest upstream or downstream
Delivery Point where such segment can be clearly defined.
2.46 NAESB WGQ. North American Energy Standards Board
Wholesale Gas Quadrant.
2.47 Lateral. The term “Lateral” shall mean any
pipeline extension of Transporter (other than a mainline
extension) built from Transporter’s existing pipeline facility
to deliver gas to one or more customers, including new delivery
points and enlargements or replacements of existing laterals
pursuant to Section 19 of the general terms and conditions.