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 Ninth Revised Sheet No. 287 Substitute Ninth Revised Sheet No. 287

Superseding: Eighth Revised Sheet No. 287

 

GENERAL TERMS AND CONDITIONS

 

 

27. RELEASE OF FIRM CAPACITY (Continued)

 

27.110 Offers to Purchase Capacity Release

 

A Person desiring released capacity may submit a request to

Company in writing. Such request for capacity shall specify

the terms and conditions pursuant to which capacity will be

accepted. Such a request shall be posted on Company's

Internet web site for twenty business days on an

informational basis.

 

27.120 Marketing of Capacity Release

 

Company shall have no obligation to market any capacity

available by a Releasing Shipper. Company, however, may

agree to market capacity for a Releasing Shipper and may

negotiate a fee with the Releasing Shipper for such service.

 

27.130 Reservation Charge Revenue Credits

 

For releases and re-releases of firm capacity, Company

shall credit the reservation charge revenue received from a

Replacement Shipper directly to the associated Releasing

Shipper whose capacity has been released on a firm basis to

such Replacement Shipper, subject to Subsection 27.40 of

these General Terms and Conditions. Out of Transportation

Path Charge revenue shall not be credited back to the

Releasing Shipper.

 

27.140 Bankruptcy

 

In the event a Releasing Shipper, subject to proceedings

under any chapter of the Bankruptcy Code rejects its

Agreement, Company may send a written notification of

Company's intent to terminate Replacement Shipper's Service

Agreement effective 30 calendar days from the date of the

notice ("Termination Notice Period") unless Replacement

Shipper(s) agrees to retain its capacity for the remainder

of the term of the respective Replacement Shipper's

Agreement at a rate that is no lower than the lesser of the

Releasing Shipper's rate or the Maximum Rate. Replacement

Shipper shall have ten (10) business days from the date of