Northern Border Pipeline Company
First Revised Volume No. 1
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Effective Date: 09/16/2009, Docket: RP09-540-001, Status: Effective
Substitute Eighth Revised Sheet No. 276 Substitute Eighth Revised Sheet No. 276
Superseding: Seventh Revised Sheet No. 276
GENERAL TERMS AND CONDITIONS
27. RELEASE OF FIRM CAPACITY (Continued)
27.40 Parameters for Capacity Release Transactions (Continued)
27.45 Re-release of Capacity
A Shipper who has obtained capacity under a
temporary release may re-release its capacity, in
whole or in part, except in those instances where a
re-release was prohibited by the prior Releasing
Shipper. Company shall allow re-releases on the
same terms and basis as the original release (except
as prohibited by regulations).
A Replacement Shipper acquiring capacity under a
temporary release can not re-release such capacity
under a permanent release. However, a Replacement
Shipper acquiring capacity under a temporary release
may re-release such capacity under a temporary release.
27.46 Prearranged Release of Capacity
A Releasing Shipper may identify in an Offer a
Designated Replacement Shipper for released capacity
under a permanent release or a temporary release
which shall be referred to as a prearranged release.
If an Offer containing a Designated Replacement
Shipper is made biddable by the Releasing Shipper, a
Designated Replacement Shipper will, in the event
that a "better bid" for released capacity is
received, have the option to match the "better bid"
in accordance with Subsection 27.70 hereof and
acquire the released capacity.
A Designated Replacement Shipper acquiring capacity
pursuant to this Subsection 27.46 shall be required
to execute the applicable Service Agreement with
Company for the capacity acquired which shall
contain the terms and conditions of the Offer and