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.