Cheyenne Plains Gas Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 07/26/2010, Docket: RP10-876-000, Status: Effective

Original Sheet No. 276 Original Sheet No. 276

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

 

9.15 Effective Date of Release and Acquisition. The effective date of the

release by a Releasing Shipper and acquisition by a Replacement

Shipper shall be on the date so designated in the Replacement

Capacity Agreement (posted term effective date).

 

9.16 Rates

 

(a) The reservation rate for any released firm capacity under Rate

Schedule FT shall be the reservation rate bid by the

Replacement Shipper. Such reservation rate and reservation

surcharge(s) shall not be less than Transporter's minimum or

more than Transporter's maximum reservation rate and

reservation surcharge(s) under the applicable rate schedule as

in effect from time to time, except as noted in Section

9.10(c) of the GT&C. For purposes of bidding and awarding,

maximum/minimum rates specified by the Releasing Shipper shall

include the tariff reservation rate and all reservation

surcharges, as a total number or as stated separately (NAESB

WGQ Standard 5.3.27).

 

(b) Replacement Shipper shall pay the applicable maximum commodity

rate in addition to all other applicable charges and

surcharge(s) for the service rendered unless otherwise agreed

by Transporter. In the event that the Releasing Shipper has

agreed to a negotiated rate pursuant to Section 4.12, the

Replacement Shipper shall pay the commodity charge(s)

applicable to the Releasing Shipper's contract.

 

(c) For releases based on a volumetric reservation rate, the

minimum and maximum rates shall be computed by converting the

reservation rate to a daily rate by multiplying the maximum

and minimum reservation rate by 12 Months and dividing that

product by 365 Days or 366 Days as appropriate.

 

9.17 Marketing Fee. A Releasing Shipper may request that Transporter

actively market the capacity to be released. In such event, the

Releasing Shipper and Transporter shall negotiate the terms of the

marketing service to be provided by Transporter and the marketing

fee to be charged therefore.