I pass it through the top centering ring and knot it around the motor mount, like UhClem said, for smaller birds. On my larger ones, I take it through the top CR, fray it out, and wet it out with Aeropoxy. Then I wrap it with a layer of 9 oz. glass.
If I have the room, though, I like to attach a u-bolt to the top centering ring and attach the TK to a quick link and then the quick link to the u-bolt. This makes it easier to replace the shock cord if (when) it wears out. I tie all my TK and TN with double figure eights or figure eight follow throughs, as one does in climbing. If it's strong enough to hold me when I fall off a rock, it's strong enough for my rocket!
An excellent tutorial on the figure eight follow through is at
https://www.apocalypse.org/pub/u/antony/tutorial/tutorial.htm . Instead of attaching to your harness, though, attach it to your rocket
