Garden Banks Gas Pipeline, LLC
Original Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-328-000, Status: Effective
Fourth Revised Sheet No. 105 Fourth Revised Sheet No. 105
Superseding: Third Revised Sheet No. 105
GENERAL TERMS AND CONDITIONS
19. SHIPPERS RELEASE OF FIRM CAPACITY
19.3 Types of Releases (cont'd):
(c) Secondary Release of Firm Capacity: An ACQUIRING SHIPPER
who has acquired firm capacity hereunder on a temporary
basis subject to that option being part of the RELEASING
SHIPPER's Offer, may subsequently release the capacity it
has acquired, as set forth on the Addendum to its Form of
Service Agreement for Temporary Release of Firm
Transportation Capacity, in accordance with the terms of
this Section 19 ("Secondary Release"), thereby becoming a
RELEASING SHIPPER. That RELEASING SHIPPER shall provide the
original RELEASING SHIPPER the name, telephone number and
facsimile number of a contact party of the ACQUIRING
SHIPPER. A Secondary Release of capacity cannot operate to
release greater capacity rights than the capacity acquired
by the RELEASING SHIPPER. Furthermore, to the extent that a
RELEASING SHIPPER acquired firm capacity subject to a right
of recall, the capacity then released by the RELEASING
SHIPPER, and any subsequent Secondary Release of the
capacity thereafter, shall also be subject to the right of
recall.
(d) Prearranged Release of Firm Capacity:
(i) A RELEASING SHIPPER who wishes to release its firm
capacity on a prearranged basis to a third party
(ACQUIRING SHIPPER) for a term of 31 days or less may
do so without posting-for-bidding on Interactive
Internet Website the terms of the Prearranged Release.
The minimum term for such release shall be one (1)
contract day and the term must be for consecutive
number of days within the same calendar month.
Transporter shall post on its Internet Web Site the
terms of the prearranged release by 9:00 a.m. CCT on
the day of nomination.