Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 02/26/2009, Docket: RP09-297-000, Status: Effective

First Revised Sheet No. 188 First Revised Sheet No. 188

Superseding: Original Sheet No. 188

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

 

(c) Credits. Except as otherwise agreed to between

Transporter and Releasing Shipper, Releasing Shipper

shall receive a credit against its Monthly

Reservation Charges equal to the amount of

reservation rates contained within the Replacement

Shipper's bid subject to the obligations of Releasing

Shipper under Section 26.2(a).

 

(d) Refunds. Releasing Shipper and any Replacement

Shipper must track any changes in Transporter's rates

approved by the Commission. In the event the

Commission orders refunds of any such rates charged

by Transporter and previously approved, Transporter

and/or Releasing Shipper, as the case may be, must

make corresponding refunds to such Releasing Shipper

or any Replacement Shipper, to the extent that

Releasing Shipper or Replacement Shipper(s) has paid

a rate in excess of Transporter's just and

reasonable, applicable maximum rates; provided,

however, for releases that become effective on or

after July 30, 2008, the rate paid by a Replacement

Shipper in any capacity release transaction with a

term of one (1) year or less which is not subject to

the maximum rate cap will be deemed to be a final

rate and is not subject to refund if the effective

date of the release was on or before one (1) year

from the date on which Transporter was notified of

the release. Transporter shall assume no liability

or responsibility whatsoever for the failure of the

Releasing Shipper to comply with its obligations

under this Section 26.2(d).

 

26.3 Posting of Purchase Offers. Transporter shall allow a

potential Replacement Shipper to post for at least thirty

(30) Days its offers to acquire released firm entitlements.

The offer must contain the following information:

 

(a) The potential Replacement Shipper's legal name and

the name, title, address, phone number and e-mail

address of the individual who will authorize the

acquisition of the available capacity.