Trunkline LNG Company, LLC
Second Revised Volume No. 1-A
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Effective Date: 08/01/2003, Docket: RP03-535-000, Status: Effective
Original Sheet No. 98 Original Sheet No. 98 : Effective
GENERAL TERMS AND CONDITIONS
(Continued)
9. CAPACITY RELEASE (Continued)
(F) In the event of termination of a Replacement
Shipper's Addendum pursuant to Section 9.6(C) herein,
the released capacity related to such Addendum will
revert to the Releasing Shipper.
(G) Releasing Shippers may, to the extent permitted as a
condition of the capacity release, recall released
capacity. The recall notification to TLNG shall
specify the Quantity in terms of total released
capacity entitlements.
9.6 Rights and Obligations of Replacement Shipper
(A) Any bid submitted will bind Replacement Shipper or
PRS to the terms of the bid if TLNG selects such bid
as the best bid. If all the information provided by
the Releasing Shipper and the bidder/PRS is valid,
the Replacement Shipper is creditworthy, and there
are no special terms and conditions, TLNG will issue
and execute the Addendum to the Capacity Release
Service Agreement within one hour of awarding the
winning bid. The capacity release addendum number
will be issued within one hour of the award posting.
(B) Replacement Shipper may submit nominations pursuant
to Section 3 herein beginning at the next available
nomination cycle for the effective date of the
capacity release addendum; however, in no event will
service commence on Replacement Shipper's Service
Agreement prior to the effective date of the release
as posted in the Shipper Notice.
(C) Replacement Shipper is responsible for payment of the
Reservation Charge, and any surcharges thereon, in
the amount of its winning bid. Replacement Shipper
is also responsible for all other billings, e.g.,
usage rate and applicable usage surcharges. In the
event of payment default, subject to Section 15
herein, TLNG may elect to terminate that Replacement
Shipper's Capacity Release Service Agreement which
shall terminate all service thereunder.