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

Original Volume No. 1

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Effective Date: 12/01/2004, Docket: CP03-302-004, Status: Effective

Original Sheet No. 333 Original Sheet No. 333 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

28. CAPACITY RELEASE PROGRAM (Contd.)

 

28.13 (a) (Continued)

The Replacement Shipper(s) will gain rights to nominate firm

capacity consistent with the capacity acquired from the

Releasing Shipper, and for the term as agreed to by the

Releasing Shipper and subject to all other terms of the

underlying Agreement and Sections 28.7 and 28.8 herein. The

Releasing Shipper(s) will relinquish its firm entitlement

rights to nominate consistent with the same terms.

Replacement Shipper(s) are not permitted to change Primary

Receipt or Delivery Point(s) under the Releasing Shipper's

Agreement unless the release is permanent and at maximum

rates. Replacement Shippers are, however, allowed to make

nominations at Secondary Points subject to the same conditions

as the underlying agreements, including paying the maximum

applicable reservation rate under the applicable Rate Schedule

unless a discount is agreed to by Transporter.

 

(b) Where capacity has been released for the entire remaining term

of the Releasing Shipper's TSA, the Releasing Shipper may

request Transporter to amend its TSA to reflect the release of

capacity. The Releasing Shipper shall remain bound by and

liable for payment of the reservation charge under the TSA

unless the Replacement Shipper is paying the maximum

reservation rate for the entire contract term, provided that

any requisite consent(s) are obtained from applicable

financial institution(s).

 

28.14 Notice of Completed Transactions. Within 48 Hours after the

transaction commences, pursuant to Section 28.11, Transporter shall

post a Notice of Completed Transaction on its electronic bulletin

board for a minimum period of five Business Days. The notice shall

include the following information regarding each transaction:

 

(a) the name(s) of the Releasing Shipper and the Replacement

Shipper (or Prearranged Shipper);

 

(b) term of release;

 

(c) reservation rate as bid;