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.