Initial Incentive Rates definition
Initial Incentive Rates means the initial Incentive Rates filed by Carrier with FERC for Transportation Service on the Pipelines under the Joint Tariff for shippers that executed a Joint Tariff throughput and deficiency agreement providing volume incentive pricing in accordance with the terms of the Joint Exhibit A .
Examples of Initial Incentive Rates in a sentence
Exhibit A attached hereto sets forth Shipper’s Minimum Volume Commitment, and the corresponding Initial Incentive Rates for Transportation Service from the Origins to the Destination dependent upon the term selected.