Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 04/05/2010, Docket: RP10-475-000, Status: Effective

Second Revised Sheet No. 173A Second Revised Sheet No. 173A

Superseding: First Revised Sheet No. 173A

 

GENERAL TERMS AND CONDITIONS

 

22. SHIPPERS' RELEASE OF FIRM CAPACITY con't

 

Acquiring Shipper (s) based upon the Elapsed

Prorata Capacity (EPC). Elapsed Prorata

Capacity means that portion of the capacity that

would have theoretically been available for use

prior to the effective time of the intraday

recall based upon a cumulative uniform hourly

use of the capacity.

 

(vi) If, recall is subject to reput and time remains

in the term for which the firm capacity was

temporarily released, the capacity shall revert

back (reput) to a Replacement Shipper as

specified in the Releasing Shipper's offer or

upon notice given by the Releasing Shipper by

8:00 a.m. Central Clock Time on nomination Day

provided that the reput shall be effective as of

the start of a Day and must be for a term of at

least one full Day for exercising a recall of

capacity prior to the contract Day on which the

capacity is again to be released. When capacity

is recalled it may not be reput for the same gas

Day. If, following the recall, no time remains

in the term for which the capacity was

temporarily released, the capacity rights shall

remain with the Releasing Shipper for either its

continued utilization or for release again

pursuant to this Section 22.

 

(3) Secondary Release of Firm Capacity. Any Replacement

Shipper who has acquired firm capacity hereunder on a

temporary basis may subsequently release the capacity

it has acquired, as set forth on the Exhibit A to its

Temporary Capacity Release Service Agreement(s), in

accordance with the terms of this Section 22

("Secondary Release"), thereby becoming a Releasing

Shipper. A Secondary Release of capacity may not

operate to release greater capacity rights than are

held by the Shipper offering to release such capacity

rights. 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, also shall be subject to the

right of recall.