Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 05/21/2002, Docket: CP00- 6-004, Status: Effective

Original Sheet No. 189 Original Sheet No. 189 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

 

(b) The daily quantities of capacity which the potential

Replacement Shipper requests.

 

(c) The Receipt Points and/or Delivery Points where

capacity is requested, as applicable.

 

(d) The requested effective date and the term of the

acquisition.

 

26.4 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.

 

26.5 Permanent Releases. A Shipper which has a currently

effective executed Agreement with Transporter under

Transporter's Rate Schedule FTS may release its capacity to

a Replacement Shipper for the remaining primary term of the

contract and be relieved of all liability under its

Agreement prospective from the effective date of such

release, provided that the following conditions are

satisfied:

 

(a) The Replacement Shipper executes a new Agreement

under the applicable Rate Schedule;

 

(b) The Replacement Shipper agrees to pay the maximum

Recourse Rates for service thereunder (unless

otherwise agreed to by Transporter) and accepts all

obligations of the Releasing Shipper;

 

(c) The Commission provides any necessary abandonment

authorization for the service subject to such

permanent release on or before the effective date

thereof; and