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

(Continued)

 

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.