Sabine Pipe Line Company LLC

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-228-000, Status: Pending

Second Revised Sheet No. 250A Second Revised Sheet No. 250A

Superseding: First Revised Sheet No. 250A

 

d) Secondary Release of Firm Capacity

 

Following execution of a Confirmation Letter pursuant to the Form

of Service Agreement Applicable to Temporary Firm Transportation

Service Pursuant to Award of Released Capacity, for firm capacity

released in accordance with this Section 10, a Replacement Shipper

may subsequently release the capacity it has acquired in

accordance with the terms of this Section 10, thereby becoming a

Secondary Releasing Shipper. A Secondary Release of capacity

cannot operate to release greater capacity rights than the

capacity acquired by the Secondary Releasing Shipper. To the

extent that a Secondary Releasing Shipper acquired firm capacity

subject to recall in accordance with Subsection 10.2, the capacity

then released by the Secondary Releasing Shipper, and any

subsequent Secondary Release of the capacity thereafter, shall

also be subject to the right of recall. A Replacement Shipper who

is awarded firm capacity under a Secondary Release shall be

required to execute a Confirmation Letter 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. No rate limitation applies to the

release of capacity for a period of one year or less and all such

releases must comply with the posting and bidding requirements set

forth in this Section 10.