Gas Transmission Northwest Corp.
Third Revised Volume No. 1-A
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Effective Date: 10/06/2003, Docket: RP04- 23-000, Status: Effective
Original Sheet No. 197 Original Sheet No. 197 : Effective
TRANSPORTATION GENERAL TERMS AND CONDITIONS
28. CAPACITY RELEASE (Continued)
28.10 Crediting, Billing Adjustments and Refunds (Continued)
(f) In the event Releasing Shipper's Transportation Service
Agreement is terminated pursuant to these Transportation
General Terms and Conditions, and thirty (30) days notice has
been provided to Replacement Shipper(s), a Replacement
Shipper that currently holds temporary release capacity has
the right to elect to contract with GTN at the Replacement
Shipper's MDQ for the remaining term of its release contract
and at the lesser of (1) the Releasing Shipper's original
contract rate, or (2) the maximum recourse rate, provided
that the Replacement Shipper meets GTN's credit-worthiness
standards for Firm Transportation Service. The Replacement
Shipper shall make its election by the end of the thirty (30)
day notice period.
If a Replacement Shipper does not elect to contract with GTN
at its replacement MDQ for the remaining term of its release
contract and at the rate level that the Releasing Shipper
originally contracted for, GTN shall have the right to
terminate the Replacement Shipper's Transportation Service
Agreement following the election period and offer such
capacity through an open season posting that will subject the
capacity to competitive bidding. In the event Transporter
terminates service, Transporter may exercise all remedies
available to it hereunder, at law or in equity.
Replacement Shippers with prospective claims to temporary
release capacity will not have rights to such capacity.
Prospective claims to permanent releases of capacity will be
honored to the extent that a Replacement Shipper meets GTN's
credit-worthiness standards for Firm Transportation Service.