Crossroads Pipeline Company
First Revised Volume No. 1
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Effective Date: 02/26/2009, Docket: RP09-286-000, Status: Effective
Second Revised Sheet No. 177 Second Revised Sheet No. 177
Superseding: First Revised Sheet No. 177
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.
(e) Transporter may refuse to allow a permanent release if it has a
reasonable basis to conclude that it will not be financially indifferent to
the release. If Transporter denies Shipper's request to permanently release
capacity, Transporter will notify Shipper via e-mail and include in the
notice the reasons for the denial.
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. 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 more than one (1) year 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; (iii), releases to an asset manager, as defined in
Section 284.8 of the Commission's regulations; or (iv) releases to a maretker
participating in a state-regulated retail access program as defined in
Section 284.8 of the Commission's regulations (collectively "exempt
transactions"). There shall be no maximum price cap for pre-packaged
arrangements of one (1) year or less in length. Pre-packaged arrangements for
more than 31 days but one (1) year or less 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. The rate received by Releasor under prearranged
transactions for more than one (1) year that are exempt from the ordinary
posting and competitive bidding procedures set forth in this Section 14 must
not exceed the maximum rate.