Sabine Pipe Line Company LLC

Original Volume No. 1

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Effective Date: 06/19/2006, Docket: RP06-363-000, Status: Effective

Third Revised Sheet No. 250 Third Revised Sheet No. 250 : Effective

Superseding: Second Revised Sheet No. 250

 

10.2 Types of Capacity Releases (Cont'd)

 

b) Temporary Release of Firm Capacity

 

A Releasing Shipper may temporarily release all or

part of its firm capacity for a specified term without

a right of recall. A Replacement Shipper who is

awarded firm capacity pursuant to a Temporary Release

shall execute a Confirmation Letter pursuant to the

Form of Service Agreement Applicable to Temporary Firm

Transportation Service Pursuant to Award of Released

Capacity. Such Confirmation Letter will be for the

released capacity at the rate bid by the Replacement

Shipper and accepted by the Releasing Shipper, up to

the maximum rate and for the term bid by the

Replacement Shipper; provided, however, the maximum

rate limitation shall not be applicable to capacity

release transactions occurring between March 27, 2000

and September 30, 2002, if the term of the release is

less than one (1) year. Under Negotiated Rate

agreements, the Releasing Shipper is obligated to pay

Sabine the difference, if any, by which the Negotiated

Rate exceeds the rate paid by the Replacement Shipper.

 

c) Temporary Release - Subject to Recall

 

A Releasing Shipper may temporarily release all or

part of its firm capacity subject to recall by the

Releasing Shipper upon the occurrence of the

condition(s) specified in the Releasing Shipper's

Offer to Release Capacity. A Replacement Shipper who

is awarded capacity pursuant to a Temporary Release

subject to recall shall execute a Confirmation Letter

pursuant to the Form of Service Agreement Applicable

to Temporary Firm Transportation Service Pursuant to

Award of Released Capacity. Such Confirmation Letter

will be for the released capacity, subject to the

right of recall, at the rate bid by the Replacement

Shipper, up to the maximum rate, and for the term bid

by the Replacement Shipper; provided, however, the

maximum rate limitation shall not be applicable to

capacity release transactions occurring between March

27, 2000 and September 30, 2002, if the term of the

release is less than one (1) year. Under Negotiated

Rate agreements, the Releasing Shipper is obligated to

pay Sabine the difference, if any, by which the

Negotiated Rate exceeds the rate paid by the

Replacement Shipper.