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Original Sheet No. 274 Original Sheet No. 274 : Superseded
or modify the existing Service Agreement, reflecting
the terms of the best bid. If Shipper fails to match
the best bid within the time allowed by Sabine,
Shipper's existing Firm Service Agreement will be
abandoned upon the termination of the Firm Service
Agreement and Sabine will enter into a new Firm Service
Agreement with the Shipper(s) offering the best
acceptable bid.
11.5 Acceptable Bids
In the event Sabine does not receive any bids for
Shipper's capacity or any bids which are acceptable to
Sabine, Shipper shall have the right to retain its firm
capacity at the maximum rate applicable thereto, or any
negotiated discount agreed to by Sabine, for an
additional term as requested by Shipper. If Shipper
refuses to renew its existing Firm Service Agreement at
the maximum rate, absent an agreement by Sabine to
discount, such Service Agreement shall be subject to
abandonment upon its termination.
11.6 Abandonment
Sabine shall be relieved of its transportation service
obligations for any Interruptible Service Agreement and
for any Firm Service Agreement with a primary term of
less than one (1) year, regardless of any subsequent
roll-over term provided by an evergreen provision, upon
the expiration or termination of such Service
Agreement. Sabine shall be relieved of its
transportation service obligations for any Firm Service
Agreement with a primary term of one (1) year or more
upon the expiration of such Service Agreement, provided
that Shipper gives notice to terminate its Firm Service
Agreement pursuant to the provisions contained therein,
or Shipper fails to match the best bid under its right
of first refusal option as described in Subsection 11.4