Rockies Express Pipeline LLC (Entrega)
Second Revised Volume No. 1
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Effective Date: 09/01/2007, Docket: CP06-354-002, Status: Effective
Original Sheet No. 220 Original Sheet No. 220 : Effective
GENERAL TERMS AND CONDITIONS
17. OBTAINING FIRM CAPACITY, CONTRACT ROLLOVERS AND RIGHT OF FIRST REFUSAL
(Contd.)
17.2 ROLLOVERS
A Shipper under any Firm Transportation Service which has entered
into an Agreement thereunder with a term of three (3) Years or
longer shall have a right to continue receiving service on a firm
basis beyond the term of the existing Agreement and to rollover
such Agreement for a three-Year or greater term, subject to the
following conditions:
A. Shipper must give Transporter written notice that it will
utilize the rollover procedure the earlier of (a) the date
of the notice period provided for in Shipper's contract; or
(b) three-hundred sixty five (365) Days prior to the
expiration of the term of the contract. Such notice shall
be binding on the Shipper. Any request for an increase in
MDQ in total or at any Primary Point shall be treated as a
request for new service, but only to the extent of the
increase. Any notice hereunder specifying a decrease in MDQ
in total or at any Primary Point shall not affect the
existing Agreement during the remainder of its term.
B. Within thirty (30) Days after receipt of the notice
described in 17.2A, above, Transporter will evaluate the
creditworthiness of Shipper. If Shipper meets the
requirements of Transporter's credit appraisal procedures,
Transporter shall tender to Shipper an amended Service
Agreement consistent with the requirements of this Tariff.
Any Agreement amended pursuant to this Section 17.2 is
expressly subject to agreement between Transporter and
Shipper as to the applicable rate(s) during the extended
term under the rollover. No discount or Negotiated Rates
applicable to the existing Service Agreement shall apply
during the rollover term of a Service Agreement pursuant to
this rollover provision, unless agreed to by Transporter.
Shipper and Transporter shall execute such Service Agreement
within ten (10) Days after Transporter tenders such amended
Service Agreement to Shipper.