Portland Natural Gas Transmission System
Second Revised Volume No. 1
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Effective Date: 09/01/2006, Docket: RP06-449-000, Status: Effective
Original Sheet No. 523 Original Sheet No. 523 : Effective
2. To the extent that Releasing Shipper does not hereunder release all
of its rights to serve under its Gas Transportation Contract for firm service
and/or if the term of Releasing Shipper's Gas Transportation Contract extends
beyond the period of the release as described in the Addendum, Transporter
agrees to provide service to Releasing Shipper under such Gas Transportation
Contract as such Gas Transportation Contract is amended by the provisions of
this Master Capacity Release Agreement.
ARTICLE II - RATE CREDITING PROVISIONS
1. Releasing Shipper's reservation charge shall be credited each Month
by the reservation charge billed to Replacement Shipper(s) by Transporter
(hereinafter the "Replacement Reservation Charge"), as well as any additional
charges paid by Replacement Shipper, subject to such further crediting
conditions as may be outlined in the Addendum and in Section 11 of the General
Terms and Conditions.
2. Releasing Shipper shall remain liable to Transporter for the full
amount of the reservation charge for any Month in which the Replacement
Shipper(s) fails to pay all or any portion of the Replacement Reservation
Charge owing under the Replacement Shipper's Gas Transportation Contract.
ARTICLE III- CAPACITY RELEASE MARKETING FEES
Releasing Shipper shall pay Transporter any applicable marketing fees
set forth in Section 11 of the General Terms and Conditions.
ARTICLE IV - RATE SCHEDULES AND GENERAL TERMS AND CONDITIONS
This Agreement and all terms and all provisions contained or
incorporated herein are subject to the provisions of Rate Schedule FT, and of
the General Terms and Conditions as such may be revised or superseded from
time to time, all of which are by this reference made a part hereof. The
General Terms and Conditions and Rate Schedule FT shall control in the event
of a conflict between the General Terms and Conditions or Rate Schedule FT and
this Agreement. All of the terms defined in Transporter's Tariff shall have
the same meaning wherever used in this Agreement.