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.