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.