Algonquin Gas Transmission, LLC

Fifth Revised Volume No. 1

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Effective Date: 11/06/2006, Docket: RP07- 13-000, Status: Effective

First Revised Sheet No. 550A First Revised Sheet No. 550A : Effective

Superseding: Original Sheet No. 550A

 

GENERAL TERMS AND CONDITIONS

(continued)

 

14. CAPACITY RELEASE (continued)

 

14.13 Notices to Releasing Customers.

 

Algonquin shall provide the original Releasing Customer with Internet E-mail

notification reasonably proximate in time with any of the following formal notices

given by Algonquin to the Releasing Customer's Replacement Customer(s), of the

following:

 

(1) Notice to the Replacement Customer regarding the Replacement Customer's past

due, deficiency, or default status pursuant to Algonquin's tariff;

(2) Notice to the Replacement Customer regarding the Replacement Customer's

suspension of service notice;

(3) Notice to the Replacement Customer regarding the Replacement Customer's

contract termination notice due to default or credit-related issues; and

(4) Notice to the Replacement Customer that the Replacement Customer(s) is no longer

creditworthy and has not provided credit alternative(s) pursuant to Algonquin's

tariff.

 

14.14 Permanent Capacity Releases.

 

To the extent that any Customer desires to release all or any part of its firm rights

under an Open-access Rate Schedule on a permanent basis, the procedures specified in

this Section 14 shall apply. In addition, the Replacement Customer that will acquire

the capacity from Customer must submit a request for service electronically via the

LINK® System and provide the credit information as required by Section 3 of the

General Terms and Conditions. For any permanent capacity release, the minimum bid

acceptable to Algonquin shall be a bid for the remainder of the term of Customer's

service agreement at the rate(s) Customer is obligated to pay Algonquin for the

capacity to be permanently released. Algonquin may refuse to allow a permanent

capacity release if it has a reasonable basis to conclude that it will not be

financially indifferent to the release. If Customer's request to permanently release

capacity is denied by Algonquin, Algonquin shall notify Customer via e-mail and shall

include in the notification the reasons for such denial.