Southeast Supply Header, LLC
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective
Original Sheet No. 317 Original Sheet No. 317
GENERAL TERMS AND CONDITIONS
(CONTINUED)
25. CAPACITY RELEASE PROVISIONS (continued)
25.4 Marketing Fee. Transporter shall be entitled, upon Releasing
Shipper's request, to actively market the capacity available for
release on Releasing Shipper's behalf. Transporter and Releasing
Shipper will negotiate the terms and conditions upon which
Transporter will market the Releasing Shipper's capacity.
25.5 Permanent Releases. A Shipper which has a currently effective
executed Agreement with Transporter under Transporter's Rate
Schedule FTS may release, pursuant to the procedures specified in
this Section 25, all or any part of its firm capacity to a
Replacement Shipper for the remaining primary term of the
contract and be relieved of all liability under its Agreement
prospectively from the effective date of such release, provided
that the following conditions are satisfied:
(a) The Replacement Shipper submits a request for service
electronically via the LINK® System and executes a new
Agreement under the applicable Rate Schedule;
(b) The Replacement Shipper agrees that the minimum bid
acceptable to Transporter shall be a bid for the remainder
of the term of Releasing Shipper's Agreement at the rate(s)
Releasing Shipper is obligated to pay Transporter for the
capacity to be permanently released and accepts all
obligations of the Releasing Shipper;
(c) The Replacement Shipper meets all of the credit- worthiness
requirements contained in Section 27 of the General Terms
and Conditions of Transporter's Tariff.
(d) Transporter may refuse to allow a permanent capacity
release if it has a reasonable basis to conclude that it
will not be financially indifferent to the release. If
Shipper's request to permanently release capacity is denied
by Transporter, Transporter shall notify Shipper via e-mail
and shall include in the notification the reasons for such
denial.