Crossroads Pipeline Company

First Revised Volume No. 1

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Effective Date: 11/01/2001, Docket: RP02- 14-000, Status: Effective

Original Sheet No. 150 Original Sheet No. 150 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(d) At any time up to the close of the bidding period for the posted capacity, Releasor may

withdraw its posting for release of capacity if Releasor itself has an unanticipated use for the capacity

and no minimum bid has been made. Such a withdrawal shall be effected by Releasor placing a notice of

withdrawal on Transporter's EBB. Offers will be binding until a notice of withdrawal is received by

Transporter.

 

14.2 Posting.

 

Posting of Release Notices on Transporter's EBB shall be complete and subject to the conditions and

exceptions set forth below.

 

(a) Exempt Transactions. During the period between March 27, 2000 and September 30, 2002, posting

for the purposes of inviting bids shall not be required for (i) prepackaged arrangements Releasor has

arranged with a designated Replacement Shipper for a period of 31 days or less; or (ii) prepackaged

arrangements for one (1) year or longer that Releasor has arranged with a designated Replacement Shipper

under which the designated Replacement Shipper agrees to pay the maximum reservation charge and commodity

rate, and applicable surcharges, and meets all requirements set forth in this Tariff (collectively "exempt

transactions"); provided, however, there shall be no maximum price cap for pre-packaged arrangements less

than one (1) year in length. Pre-packaged arrangements for more than 31 days but less than one (1) year in

length are not exempt transactions under this Section 14.2(a). For cross-month releases, the maximum

duration for eligibility as an exempt transaction under part (i) above shall be 31 days. Except for pre-

packaged arrangements under part (i) above, during the period between March 27, 2000 and September 30, 2002,

the rate received by Releasor under prearranged transactions exempt from the ordinary posting and

competitive bidding procedures set forth in this Section 14 must not exceed the maximum rate.

 

(b) Notice to Transporter; Informational Posting. For any exempt transaction, as described in

paragraph (a) immediately above, Releasor shall immediately provide Transporter (for contract execution

purposes), and shall post on Transporter's EBB prior to nominations (for information purposes): (i) the

information required for a Release Notice; (ii) the price and term of the assignment; and (iii) the identity

of the Replacement Shipper. Releasor may post such exempt transactions at any time. Transporter shall

issue an Assignment Agreement within one (1) hour of such posting and shall allow nominations under such

Assignment Agreement in the next available nomination cycle, as specified in Section 6.2(e) of the General

Terms and Conditions.