Nautilus Pipeline Company, LLC

Original Volume No. 1

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

First Revised Sheet No. 178 First Revised Sheet No. 178

Superseding: Original Sheet No. 178

 

GENERAL TERMS AND CONDITIONS

 

 

22. SHIPPERS' RELEASE OF FIRM CAPACITY con't

 

(2) On the Releasing Shipper's bill for a Month in which

it released capacity under Rate Schedules FT-1, FT-2

or FT-3 on a temporary basis, Transporter (i) shall

bill for all capacity retained pursuant to the

provisions of Releasing Shipper's Service

Agreement,(ii) shall bill for all released capacity at

the Conditional Reservation Rate under the Rate

Schedule that the Releasing Shipper is receiving

service and (iii) shall credit all reservation charge

revenues billed by Transporter to the Replacement

Shipper, as applicable, for the released capacity

under the applicable Temporary Capacity Release

Service Agreement; provided, however, that in the

event the Replacement Shipper fails to pay Transporter

for any part of the amount credited to the Releasing

Shipper's bill, Transporter may reverse the credit on

the Releasing Shipper's bill in a later Month up to

the unpaid amount plus interest thereon. If the

Replacement Shipper fails to pay its reservation

charges under a Temporary Capacity Release Service

Agreement, the Releasing Shipper may recall its

capacity by notifying the Replacement Shipper and

Transporter of such recall pursuant to the provisions

of Section 22.3 above. All reservation charge credits

under a Temporary Capacity Release Service Agreement

to the Releasing Shipper's bill shall be final and

nonreversible upon Transporter's receipt of payment

therefore from the Replacement Shipper.