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.