Horizon Pipeline Company, L.L.C.
Original Volume No. 1
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Effective Date: 02/22/2009, Docket: RP09-246-000, Status: Effective
First Revised Sheet No. 195 First Revised Sheet No. 195
Superseding: Original Sheet No. 195
GENERAL TERMS AND CONDITIONS
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(c) In the event that a Released Firm Transportation
Agreement covers the remaining term of the Eligible Firm Transportation
Agreement at maximum rates, if applicable, then the Original Shipper may
request in writing that the Original Shippers' rights and obligations
under the Eligible Firm Transportation Agreement shall be prospectively
assigned to, and be assumed by, the Replacement Shipper. Following such
request, Horizon shall send the Original Shipper and Replacement Shipper
an assignment agreement to so provide. In the event that the Original
Shipper and the Replacement Shipper execute such assignment agreement,
the Original Shipper shall be released from all liability under the
Eligible Firm Transportation Agreement arising after such execution
date.
15.18 DISCHARGE OF RELEASING SHIPPER IN PERMANENT RELEASES
The Releasing Shipper shall remain liable and
responsible for the payment of all reservation charges applicable to the
Agreement unless and until the following conditions have been met, in
which case, the Releasing Shipper shall be discharged from such
obligation:
(a) The Capacity Release shall be for the remaining
term of the Agreement;
(b) The Replacement Shipper shall agree to pay a rate
equal to or greater than the reservation rate which the Releasing
Shipper paid under the Agreement; and
(c) The Replacement Shipper shall meet the creditworthy
standards of the General Terms and Conditions of Horizon's Tariff.
15.19 CONVERSIONS BETWEEN MONTHLY AND DAILY RESERVATION RATES
For less than maximum rate transactions only, converting
daily rate to monthly rate is accomplished by multiplying the daily rate
times number of days in rate period, dividing the result by number of
months in rate period and taking the remainder out to five (5) decimal
places and rounding up or down to Horizon's specified decimal place.
Converting a monthly rate to a daily rate is accomplished by multiplying
the monthly rate by number of months in rate period, dividing the result
by number of days in rate period and taking the remainder out to five
(5) decimal places and rounding up or down to Horizon's specified
decimal place.