TransGas Comprehensive Tariff
5.5) Term At TransGas’ discretion, Customers may be required to contract for a term of up to ten years associated with a new Storage project. 5.6) Non-Standard Service If the Customer requests non-standard Service, the Customer will be required to pay all costs incurred to provide non-standard Service. This is not subject to rebate. 5.7) Refund of Capital Contribution If another Customer contracts incrementally for existing Storage Service or if TransGas initiates a new Storage project within the Five-Year Window, then the original Customer(s) may receive a proportionate refund of their capital contribution. No interest is paid on the refund of capital contributions. In the event Customer elects a temporary Assignment of Storage Service, Customer (Assignor) shall retain all rights to any rebates of outstanding capital contributions, which may occur during the period of the temporary Assignment. In the event Customer elects a permanent Assignment of Storage Service, Customer (Assignor) shall have assigned all rights and obligations, including any rebates of outstanding capital contributions for the Contracted Capacity and/or Contracted Rate of Withdrawal assigned away as of the Effective Date of the permanent Assignment. 5.8) Financing Option TransGas will consider financing a Customer’s capital contribution cost. A minimum down payment of 25 percent is required. Security may be required. The financing rate of interest will be set to provide TransGas with similar returns to those being earned by TransGas on its other activities.
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Business Practices Overview 1.3 General Business Policies
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