Venice Gathering System, L. L. C.
Original Volume No. 1
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Effective Date: 09/01/2005, Docket: RP05-430-000, Status: Effective
Fourth Revised Sheet No. 119 Fourth Revised Sheet No. 119 : Effective
Superseding: Substitute Third Revised Sheet No. 119
GENERAL TERMS AND CONDITIONS
(Continued)
(1) Recall Rights
A Releasing Shipper must define at the time of the release the condition(s)
under which the released firm capacity will be recalled. Such recall
condition(s) shall not be inconsistent with the terms and conditions of the
Releasing Shipper's Firm Service Agreement or with the provisions of this FERC
Gas Tariff. The recall conditions specified by the Releasing Shipper must
involve identifiable events. A Releasing Shipper may, to the extent permitted
as a condition of the capacity release, recall released capacity (scheduled or
unscheduled) at the Timely Nomination cycle and the Evening Nomination cycle,
and recall unscheduled released capacity at the Intra-day 1 and Intra-day 2
Nomination cycles by providing notice to VGS and affected Replacement Shippers
(by a mode mutually agreeable to the parties) on the day that nominations are
due by the following times for each cycle: 8 a.m. Central Clock Time (CCT) on
the day that nominations are due for the Timely Nomination cycle; 3 p.m. CCT
(early evening recall notification) or 5 p.m. CCT (evening recall
notification) on the day that nominations are due for the Evening Nomination
cycle; 7 a.m. CCT on the day that nominations are due for the Intra-day 1
Nomination cycle; and 2:30 p.m. CCT on the day that nominations are due for
the Intra-day 2 Nomination cycle. For the recall notification provided to
VGS, the quantity shall be expressed in terms of adjusted total released
capacity entitlements based upon the Elapsed Pro Rata Capacity. Notification
to Replacement Shippers will be provided by VGS within one hour of receipt of
recall notification. Service flexibility available to either the Releasing
Shipper or the Replacement Shipper(s) for the subject capacity shall not be
less as a result of the recall. VGS has the right to rely on Releasing
Shipper's notice and Releasing Shipper shall defend and indemnify VGS against
any claims, losses, liabilities or expenses resulting from claims by any
Replacement Shipper that firm capacity was not recalled in accordance with the
recall rights specified by the Releasing Shipper in its Offer to Release
Capacity.
(2) Reversion to Replacement Shipper
VGS will support the function of reputting by Releasing Shippers, as set
forth below.
The reput method and rights must be specified at the time of the release, and
should be negotiated between the Releasing Shipper and Replacement Shipper.
If the Releasing Shipper has recalled capacity in accordance with its recall
rights and time remains in the term of the release, the capacity may revert to
the Replacement Shipper upon notice by the Releasing Shipper to VGS by 8:00
a.m. Central Clock Time on the Day prior to the Day on which the capacity is
to revert to the Replacement Shipper, and the proper nomination of the
released capacity by the Replacement Shipper in accordance with Section 6 of
these General Terms and Conditions. When capacity is recalled, it may not be
reput for the same gas day.