Southeast Supply Header, LLC

Original Volume No. 1

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Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective

Original Sheet No. 307 Original Sheet No. 307

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

25. CAPACITY RELEASE PROVISIONS (continued)

 

25.1 Procedure. (continued)

 

(h) Required Information for the Release of Capacity.

(continued)

 

(9) The legal name of the Replacement Shipper that is

designated in any pre-arranged release ("Prearranged

Shipper").

 

(10) Whether the capacity is to be released on a

recallable basis, and, if so, (i) the terms and

conditions of such recall, including whether it is

recallable on a full Day or a partial Day basis, (ii)

whether the Releasing Shipper's recall notification

must be provided exclusively on a Business Day, (iii)

which recall notification period(s), as identified in

Section 25.1(e) above, will be available for use by

the parties, and (iv) any Reput methods and rights

associated with returning the previously recalled

capacity to the Replacement Shipper.

 

(11) Whether the capacity to be released is contingent on

the release of other capacity, or on certain terms

and conditions, and if so, the capacity, terms and/or

conditions upon which the release is contingent.

 

(12) The terms and conditions under which Releasing

Shipper will accept contingent bids, including bids

that are contingent upon the Replacement Shipper

acquiring Transportation on a pipeline interconnected

to Transporter, the method for evaluating contingent

bids, what level of proof is required by the

contingent bidder to demonstrate that the contingency

did not occur, and for what time period the next

highest bidder will be obligated to acquire the

capacity if the next winning contingent bidder

declines the release.