Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 08/01/2010, Docket: RP10-926-000, Status: Effective

Third Revised Sheet No. 189 Third Revised Sheet No. 189

Superseding: Second Revised Sheet No. 189

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

21. CAPACITY RELEASE (Continued)

 

(e) Releasing Shipper shall retain all Rights of First

Refusal with respect to the released capacity, unless

such release is a permanent release.

 

(f) In the event of termination of a Replacement Shipper's

Addendum pursuant to Section 21.6(c) herein, the

released capacity related to such Addendum will revert

to the Releasing Shipper.

 

(g) Releasing Shippers may, to the extent permitted as a

condition of the capacity release, recall released

capacity. For the recall notification provided to

Transporter, Transporter's tariff should specify

whether the quantity should be expressed in terms of

a) total released capacity entitlements or b) adjusted

total released capacity entitlements based upon the

Elapsed Prorata Capacity. The capacity entitlements

resulting from the use of either a) or b) should be

the same. The recall notification to Transporter

shall specify the quantity in terms of total released

capacity entitlements.

 

21.6 Rights and Obligations of Replacement Shipper

 

(a) Any bid submitted will bind Replacement Shipper or PRS

to the terms of the bid if Transporter selects such

bid as the best bid. If all the information provided

by the Releasing Shipper, the bidder/PRS is valid, the

Replacement Shipper is creditworthy, and there are no

special terms and conditions, Transporter will issue

and execute the Addendum to the Capacity Release

Service Agreement within one hour of awarding the

winning bid.

 

(b) The capacity release addendum number will be issued

within one hour of the award posting. Nomination is

possible beginning at the next available nomination

cycle for the effective date of the capacity release

addendum; however, in no event will Gas flow on

Replacement Shipper's Service Agreement prior to the

effective date of the release as posted in the Offer.