Granite State Gas Transmission, Inc.

Fourth Revised Volume No. 1

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Effective Date: 07/15/2010, Docket: RP10-846-000, Status: Effective

First Revised Sheet No. 115 First Revised Sheet No. 115

Superseding: Original Sheet No. 115

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

26. CAPACITY RELEASE (Continued)

 

26.3 General Provisions

 

(iv) Transporter will enter into a Service Agreement with the Replacement Customer prior to the commencement of service which confirms the terms and conditions applicable to the released capacity. A Replacement Customer acquires all right

 

(v) Irrespective of the release of its capacity, the Releasing Customer remains bound and liable for performance under its service agreement unless excused in writing by Transporter. The excuse of performance under a service agreement of

 

(vi) A Releasing Customer may release capacity on a firm or recallable basis, but not both simultaneously.

 

(vii) Any specific release conditions requested by a Releasing Customer must relate solely to acquiring capacity on the Transporter's system, be operationally feasible, and be nondiscriminatory to other Shippers.

 

(viii) Upon electronic notification to Transporter, a bid may be withdrawn after it is received by Transporter at any time prior to the expiration of the bidding period. Once a bid from an approved bidder is accepted by Transporter, it sh

 

(ix) If the release of capacity is for more than one year, bids for released capacity, including bids for released capacity under negotiated rate agreements, may not exceed the maximum tariff rate including all surcharges for the applicabl