Questar Overthrust Pipeline Company
Second Revised Volume No. 1-A
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Effective Date: 04/25/2007, Docket: RP07-360-000, Status: Effective
Original Sheet No. 62 Original Sheet No. 62 : Effective
GENERAL TERMS AND CONDITIONS
8.12 Permanent Release of Capacity.
(a) Where a portion of a Shipper's capacity has been permanently
released for the entire remaining term of the releasing Shipper's service
agreement without recall or interruption rights, the releasing Shipper may
request Overthrust to amend or terminate its service agreement to reflect the
permanent release of the capacity.
(b) Overthrust shall not be obligated to amend the releasing
Shipper's service agreement to reflect the permanently released capacity
unless the capacity is released at the maximum rate and for the full term of
the agreement and the replacement Shipper meets Overthrust's creditworthiness
requirements and Overthrust receives approval from its lenders. Overthrust
may also condition an amendment to or termination of the agreement on payment
of exit fees. In lieu of exit fees, the replacement Shipper may enter into a
new service agreement containing terms and conditions acceptable to
Overthrust and its lenders. Overthrust will not amend or enter into a
service agreement for a permanent release of capacity at a volumetric rate.
(c) Unless agreed otherwise by Overthrust and its lenders, the
releasing Shipper shall remain liable for payment of the reservation fee
under the agreement. Overthrust will not unreasonably refuse to relieve the
releasing Shipper from any liabilities under the agreement.
(d) If capacity is permanently released, the replacement Shipper
will acquire the right of first refusal held by the releasing Shipper as
described in § 9 to this tariff for the capacity acquired by the replacement
8.13 Notice of Completed Transactions. Within one business day after
capacity has been awarded, Overthrust shall post the following information
regarding each transaction on Questline for a period of 30 days:
(a) The name of the replacement Shipper and the release