Florida Gas Transmission Company, LLC
Fourth Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 09/01/2006, Docket: RP06-463-000, Status: Effective
Original Sheet No. 308 Original Sheet No. 308 : Effective
GENERAL TERMS AND CONDITIONS
(continued)
H. Consummation and Effect of Relinquishment:
1. The posting process shall occur on Transporter's TECM located on
Transporter's Internet website. The posting process will be utilized to
execute both amendments to the service agreements with the Relinquishing
Shipper and new service agreements with the Acquiring Shipper, all as
more fully described in Section 9.B of these General Terms and
Conditions. The amendment to the service agreement of the Relinquishing
Shipper shall change the underlying service agreement to reflect the
capacity rights released. The new service agreement with the Acquiring
Shipper shall reflect the capacity rights acquired.
2. Status of Relinquishing Shipper. With respect to Permanent
Relinquishments only, upon execution by Transporter and Acquiring
Shipper of the new service agreement, and effective as of the effective
date of said new service agreement, the Relinquishing Shipper shall,
except as otherwise agreed to by Transporter and Relinquishing Shipper,
be relieved of liability under its existing service agreement, but only
to the extent of the quantity of the executed new service agreement;
provided, however, that in the event the Acquiring Shipper at the time
of the relinquishment does not (i) satisfy the criteria set forth in
Section 16(a) and (b) of these General Terms and Conditions;