Common use of Deferral Accounts Clause in Contracts

Deferral Accounts. Westcoast will maintain for accounting and toll making purposes the cost of service and revenue deferral accounts in 2018 and 2019 set out in sections 4.2 and 4.3. It is the intent of the parties that the year‐end balance of each deferral account will, together with interest thereon, flow through to the account of shippers (and thus be reflected in the calculation of the revenue requirement and the final tolls) for 2019 and 2020, respectively, in accordance with the existing methodology, provided that the Stakeholders will not be precluded from reviewing and making submissions to the Board concerning the reasonableness of the year‐end balance of any of the deferral accounts set out in sections 4.2 and 4.3. Interest on the deferral balances will be calculated monthly based on Westcoast’s rate of return on rate base.

Deferral Accounts. Westcoast will maintain for accounting and toll toll-making purposes the cost of service and revenue deferral accounts in 2018 2011, 2012 and 2019 2013 set out in sections 4.2 and 4.3. It is the intent of the parties that the year‐end year end balance of each deferral account will, together with interest thereon, flow flow-through to the account of shippers (and thus be reflected in the calculation of the revenue requirement and the final tolls) for 2019 2012, 2013 and 20202014, respectively, in accordance with the existing methodology, provided that the Stakeholders will not be precluded from reviewing and making submissions to the Board concerning the reasonableness of the year‐end year-end balance of any of the deferral accounts set out in sections 4.2 and 4.3. Interest on the deferral balances will be calculated monthly based on Westcoast’s rate of return on rate base.

Deferral Accounts. Westcoast will maintain for accounting and toll toll-making purposes the cost of service and revenue deferral accounts in 2018 2008, 2009 and 2019 2010 set out in sections 4.2 and 4.3. It is the intent of the parties that the year‐end year end balance of each deferral account will, together with interest thereon, flow flow-through to the account of shippers (and thus be reflected in the calculation of the revenue requirement and the final tolls) for 2019 2009, 2010 and 20202011, respectively, in accordance with the existing methodology, provided that the Stakeholders will not be precluded from reviewing and making submissions to the Board concerning the reasonableness of the year‐end year-end balance of any of the deferral accounts set out in sections 4.2 and 4.3. Interest on the deferral balances will be calculated monthly based on Westcoast’s rate of return on rate base.