Nautilus Pipeline Company, LLC

Original Volume No. 1

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Effective Date: 06/01/2000, Docket: RP00-270-000, Status: Effective

Third Revised Sheet No. 181 Third Revised Sheet No. 181 : Effective

Superseding: Second Revised Sheet No. 181

GENERAL TERMS AND CONDITIONS

 

 

22. SHIPPERS' RELEASE OF FIRM CAPACITY con't

 

may withdraw its offer only if there has been an

unanticipated change in its need to retain

capacity. In the latter situation, the Releasing

Shipper's notice to Transporter shall describe the

change which necessitates the withdrawal of its

offer and such notice shall be placed on

Transporter's Interactive Internet Website to

notify all bidders of the withdrawal of the offer.

 

(3) Once a Releasing Shipper's offer is posted,

the Releasing Shipper shall not be able to

specify an extension of the applicable bid

period or the prearranged bid match period,

if any.

 

(b) A Releasing Shipper's offer shall include the

following standard information:

 

(1) The name of the Releasing Shipper; contact

name, telephone, and/or facsimile number.

 

(2) The contract number(s) of the Releasing

Shipper's Service Agreement(s).

 

(3) Whether the release is permanent or

temporary.

 

(4) If a temporary release,

 

(i) whether the release is firm or subject

to a right of recall;

 

(ii) if subject to recall, the identifiable

condition(s) precedent upon which the

recall right will be exercised;