Northern Border Pipeline Company

First Revised Volume No. 1

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

Seventh Revised Sheet No. 278 Seventh Revised Sheet No. 278

Superseding: Sixth Revised Sheet No. 278

 

GENERAL TERMS AND CONDITIONS

 

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.40 Parameters for Capacity Release Transactions (Continued)

 

27.48 Volumetric Release

 

The Replacement Shipper acquiring capacity under a

volumetric release shall pay the agreed to

volumetric rate for all the volumes transported up

to the total volume contracted for during a

Production Month and shall pay the rate in

accordance with the applicable rate schedule

underlying such capacity release for any gas

transported in excess of the total volume contracted

for such Production Month.

 

Re-release by a Replacement Shipper paying a

volumetric rate is prohibited.

 

27.49 Releases Involving Integrated Capacity

 

A Releasing Shipper can submit an Offer to release

capacity which is integrated with an offer to

release capacity on another pipeline. It is the

responsibility of the Releasing Shipper to design a

release for "integrated" capacity under terms

acceptable to the Releasing Shipper.

 

Company will allow Bids for capacity which are

contingent upon the bidder obtaining capacity on

another pipeline(s). However, removal of such

contingency shall not conflict with the capacity

release timeline observed by Company as set forth in

Subsection 27.70 hereof.