Garden Banks Gas Pipeline, LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-328-000, Status: Effective

Second Revised Sheet No. 104 Second Revised Sheet No. 104

Superseding: First Revised Sheet No. 104

 

GENERAL TERMS AND CONDITIONS

 

 

responsible only for those charges under its TSA incurred

with respect to the released capacity prior to the effective

date of the Permanent Release hereunder, as well as charges

it continues to incur for firm capacity not released on a

permanent basis.

 

(b) Temporary Release: A RELEASING SHIPPER may release all or

part of its firm capacity under a TSA for a term less than

the remaining term of the TSA ("Temporary Release"),

pursuant to one of the following methods and the further

provision of this Section 19.

 

(i) Firm Temporary Release: A RELEASING SHIPPER may

temporarily release capacity on a firm basis for a

specified term without a right of recall, except as

provided in subsection 19.3 (c) The minimum term for

any Firm Temporary Release shall be one contract day.

All Firm Temporary Releases exceeding one contract day

must be offered for a consecutive number of days, but

such release can commence on any day during the month.

No rate cap applies to releases of capacity for a

period of one Year or less if the release is to take

effect on or before one Year from the date on which

the pipeline is notified of the release.

 

(ii) Temporary Release Subject to Recall: Subject to the

provisions of Section 19.4, a RELEASING SHIPPER may

temporarily release firm capacity subject to a right

of recall by the RELEASING SHIPPER upon the occurrence

of the condition precedent specified in the RELEASING

SHIPPER's Offer under subsection 19.6(c). The minimum

term for any Temporary Release Subject to Recall shall

be one contract day. Any Temporary Release Subject to

recall offered for more than one contract day must be

offered for a consecutive number of days, but such

release can commence on any day during the month.