Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 12/01/1997, Docket: RP97-446-001, Status: Effective

First Revised Sheet No. 171 First Revised Sheet No. 171 : Effective

Superseding: Original Sheet No. 171

GENERAL TERMS AND CONDITIONS

 

 

22. SHIPPERS' RELEASE OF FIRM CAPACITY con't

 

Transporter. Any Replacement Shipper must also

contract for the firm Point(s) of Receipt and

Delivery specifically set forth in a Releasing

Shipper's offer of firm capacity under Section

22.6 below. The Replacement Shipper has the

right to release its capacity on a permanent or

temporary basis under the terms and conditions of

this Section 22.

 

(b) Temporary Release of capacity, or capacity

released on a temporary basis, shall be for a

term less than the remaining term of the

Releasing Shipper's Service Agreement. A

Releasing Shipper may release all or part of its

firm capacity under an FT-1, FT-2 or FT-3 Service

Agreement with Transporter to a Replacement

Shipper on a temporary basis, pursuant to one of

the following methods and the further provision

of this Section 22.

 

(1) Term. A Releasing Shipper may temporarily

release capacity on a firm basis for a

specified term. The minimum term for a

Temporary Release shall be one Day. All

Temporary Releases exceeding one Day must

be offered for a consecutive number of

Days.

 

(2) Recall Rights. A Releasing Shipper has the

right to define the condition(s) precedent

which will result in a recall of the

released firm capacity and the conditions

under which the recalled capacity will be

returned to the Replacement Shipper (reput)

upon expiration of the associated recall of

capacity; provided, however, that such