Sabine Pipe Line Company LLC
Second Revised Volume No. 1
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Effective Date: 07/31/1993, Docket: RS92- 78-003, Status: Effective
Original Sheet No. 249 Original Sheet No. 249 : Superseded
10. CAPACITY RELEASE
10.1 Eligibility
Any Shipper with an executed Firm Service Agreement
under Sabine's FT-1 Rate Schedule is eligible to
release all or part of its capacity to a Replacement
Shipper on a permanent or temporary basis, subject to
the provisions of this Section 10.
10.2 Types and Conditions of Releases
a) Permanent Release
A Releasing Shipper may release all or part of its
firm capacity under a Firm Service Agreement for
the entire remaining primary term of the Agreement
(Permanent Release). The Replacement Shipper must
contract for the Primary Receipt and Delivery
Point(s) specifically set forth in a Releasing
Shipper's Firm Service Agreement. A Permanent
Release operates as an assignment of capacity and
all of the terms and conditions applicable to firm
transportation service including the requirements
related to credit worthiness must be met by the
Replacement Shipper prior to the effective date of
the assignment. The Replacement Shipper shall
execute a separate Firm Service Agreement 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 primary
term originally set forth in the Releasing
Shipper's Firm Service Agreement with Sabine .
The Releasing Shipper will remain obligated to pay
the difference, if any, between the accepted bid
and the applicable rate for the remainder of the
existing contract term. In the event there is a
discount agreement in effect between Sabine and
the Releasing Shipper for service utilizing all or
any portion of the permanently released capacity,
Sabine will enter into a discount agreement with
the permanent Replacement Shipper for the same
time period, volumes, receipt points, delivery
points and discount, subject to any terms