Cheniere Creole Trail Pipeline, L.P.

Original Volume No. 1

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Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective

Original Sheet No. 166 Original Sheet No. 166 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

19. CAPACITY RELEASE

 

A Shipper with a service agreement under Rate Schedule FTS may release all or

a portion of its firm capacity ("eligible capacity") from an individual

Service Agreement pursuant to this Section 19.

 

This Section sets forth the sole means by which a firm Shipper may, pursuant

to Section 284.8 of the Commission's Regulations, release its firm capacity

rights under a Service Agreement with Transporter to a third party.

 

A. Definitions

 

1. A Releasing Shipper is a Shipper that has executed a Release Notice in

accordance with Section 19.B, below.

 

2. A Replacement Shipper is a party that (1) meets the eligibility criteria

for Shippers set forth in Section 22.A (Information Required to Accompany

Transportation Requests) and Section 17 (Creditworthiness) of the General

Terms and Conditions, (2) executes a Capacity Release Service Agreement as

prescribed in this Tariff, and (3) accepts the capacity released pursuant to

this Section 19. Transporter will issue and execute an Addendum to the

Capacity Release Service Agreement for such releases.

 

3. A Permanent Release is a Release of all, or any portion, of the

Releasing Shipper's eligible capacity subject to a Service Agreement for the

full remaining primary term under the Service Agreement.

 

4. A Temporary Release is a Release of all, or any portion, of the

Releasing Shipper's eligible capacity subject to a Service Agreement for a

period less than the remaining primary term of the Service Agreement.

 

A Replacement Shipper may re-release acquired capacity subject to the terms

and basis of the Original release except as may be prohibited by Commission

Regulations.