Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 12/22/2008, Docket: CP98-150-011, Status: Effective
Original Sheet No. 187 Original Sheet No. 187
GENERAL TERMS AND CONDITIONS
specified in Section 6.2(e) of the General Terms and Conditions, following
execution of an Assignment Agreement, consistent with the electronic
contracting requirement set forth in Section 5.7 of the General Terms and
Conditions. In the event Replacement Shipper has not executed the Assignment
Agreement prior to making its nomination, Shipper will be deemed to have
executed the Assignment Agreement with Transporter pursuant to which the
nomination is made. Replacement Shippers may not, however, exercise flexible
receipt and delivery point authority at primary points unless such exercise
is agreed to in writing by Releasor. Quantities flowing under assigned
service rights shall have the same priority as those quantities had under the
applicable underlying service agreement originally entered into by Releasor
and Transporter, and that priority shall be unaffected by whether or not the
assignment is subject to recall, as described at Section 14.7 below.
14.7 Recall; Reassignment of Assigned Service Rights.
(a) Agreements Subject to Recall. Releasors shall be permitted to
specify as a condition for releasing capacity the right to recall that
assigned capacity upon notice to Transporter and to Replacement Shipper. Any
such recall provision must be included in the Release Notice originally
submitted by Releasor and in the assignment agreement executed following
assignment of the capacity. The Release Notice and the assignment agreement
governing the assigned capacity shall clearly state (i) the frequency with
which Releasor may recall any released capacity, (ii) the maximum duration of
any such recall, (iii) whether and under what conditions any right of first
refusal held by Releasor is transferred to Replacement Shipper, and (iv) such
other terms as Releasor may specify.