El Paso Natural Gas Company

Second Revised Volume No. 1A

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Effective Date: 04/01/2010, Docket: RP10-454-001, Status: Effective

Third Revised Sheet No. 286A.01 Third Revised Sheet No. 286A.01

Superseding: Second Revised Sheet No. 286A.01

 

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

9. CAPACITY RELEASE PROGRAM (Continued)

 

9.24 Right to Terminate a Temporary Capacity Release

 

(a) Using the notice procedures of Section 12.5 of the GT&C,

Transporter may elect to terminate an Acquired Capacity

Agreement upon 30 Days written notice to the Acquiring

Shipper, and to FERC, under the following conditions.

 

(1) Transporter has or will terminate the Releasing

Shipper's service pursuant to: (i) the Termination of

Service provisions of Section 12.5 of the GT&C, or (ii)

the creditworthiness requirements of this Tariff; and

 

(2) The rate stated in the Acquired Capacity Agreement is

less than the rate for service under the TSA with the

Releasing Shipper.

 

(b) A creditworthy Acquiring Shipper may continue an existing

Acquired Capacity Agreement by notifying Transporter prior to

the end of the 30-Day notice period that it agrees to pay a

rate that is the lesser of:

 

(1) the applicable maximum rate; or

(2) the same rate as is in the TSA between Transporter and

the Releasing Shipper; or

(3) a mutually agreed upon rate.