Northern Border Pipeline Company

First Revised Volume No. 1

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Effective Date: 09/16/2009, Docket: RP09-540-000, Status: Effective

Fourth Revised Sheet No. 275 Fourth Revised Sheet No. 275

Superseding: Third Revised Sheet No. 275

 

GENERAL TERMS AND CONDITIONS

 

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.40 Parameters for Capacity Release Transactions

 

27.41 Quantity

 

Release quantity shall be expressed as a numeric

quantity only. [5.3.28]

 

There is no minimum quantity.

 

27.42 Term

 

The maximum term for which capacity can be released

is the remaining term of Releasing Shipper's firm

Service Agreement. There is no minimum term.

 

27.43 Rate

 

The rate charged the Replacement Shipper for any

release of capacity for a term of more than one year

may not exceed the applicable Maximum Rate. There

are no rate limitations applicable to any release of

capacity for a period of one year or less if the

release is to take effect on or before one year from

the date on which Company is notified of the

release.

 

Payments or other consideration exchanged between

the Releasing Shipper and the Replacement Shipper in

an AMA Release are not subject to the applicable

Maximum Rate.