Mississippi Canyon Gas Pipeline, LLC
First Revised Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-329-000, Status: Effective
First Revised Sheet No. 120 First Revised Sheet No. 120
Superseding: Original Sheet No. 120
GENERAL TERMS AND CONDITIONS (cont'd)
19.3 Types of Releases - (cont'd)
(b) Temporary Release: A RELEASING SHIPPER may release all or
part of its firm capacity under a TSA for a term less than
the remaining term of the TSA ("Temporary Release"),
pursuant to one of the following methods and the further
provision of this Section 19.
(i) Firm Temporary Release: A RELEASING SHIPPER may
temporarily release capacity on a firm basis for a
specified term without a right of recall, except as
provided in subsection 19.3 (c). The minimum term for
any Firm Temporary Release shall be one contract day.
All Firm Temporary Releases exceeding one contract day
must be offered for a consecutive number of days, but
such release can commence on any day during the month.
No rate cap applies to releases of capacity for a
period of one Year or less if the release is to take
effect on or before one Year from the date on which
the pipeline is notified of the release.
(ii) Temporary Release Subject to Recall: Subject to the
provisions of Section 19.4, a RELEASING SHIPPER may
temporarily release firm capacity subject to a right
of recall by the RELEASING SHIPPER upon the occurrence
of the condition precedent specified in the RELEASING
SHIPPER's Offer under subsection 19.6(c). The minimum
term for any Temporary Release Subject to Recall shall
be one contract day. Any Temporary Release Subject to
recall offered for more than one contract day must be
offered for a consecutive number of days, but such
release can commence on any day during the month.
(c) Secondary Release of Firm Capacity: An ACQUIRING SHIPPER
who has acquired firm capacity hereunder on a temporary
basis subject to that option being part of the RELEASING
SHIPPER's Offer, may subsequently release the capacity it
has acquired, as set forth on the Addendum to its Form of
Service Agreement for Temporary Release of Firm
Transportation Capacity, in accordance with the terms of
this Section 19 ("Secondary Release"), thereby becoming a
RELEASING SHIPPER. That RELEASING SHIPPER shall provide the
original RELEASING SHIPPER the name, telephone number and
facsimile number of a contact party of the ACQUIRING
SHIPPER. A Secondary Release of capacity cannot operate to
release greater capacity rights than the capacity acquired
by the RELEASING SHIPPER. Furthermore, to the extent that a
RELEASING SHIPPER acquired firm capacity subject to a right
of recall, the capacity then released by the RELEASING
SHIPPER, and any subsequent Secondary Release of the
capacity thereafter, shall also be subject to the right of
recall.