Trans-Union Interstate Pipeline, L.P.
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 02/07/2006, Docket: RP06-217-000, Status: Effective
Original Sheet No. 128 Original Sheet No. 128 : Effective
South Ashley, Suite 1400, Tampa, FL 33602. The Director will
respond
initially to the complainant within 48 hours (exclusive of
weekends and
holidays), and in writing within 30 days.
26. RELEASE AND ASSIGNMENT OF FIRM TRANSPORTATION SERVICES
26.1 Applicability - This Section 26 is applicable to any
Shipper that holds
rights to firm transportation that elects to temporarily release
or
permanently assign all or a portion of such firm transportation
rights
("Releasing Shipper"). For purposes hereof, the term
"transportation,"
"transportation service" or "transportation rights" shall include
firm
transportation service offered under Rate Schedule FT, and the
term "release"
or "released" shall apply to permanent assignments as well as
temporary
releases unless otherwise noted. A Releasing Shipper shall have
the right to
release any portion of its firm transportation rights and
obligations but only
to the extent that the rights so released are acquired by another
party
pursuant to the provisions of this Section 26, that executes
either a Released
Transportation Service Agreement for a temporary release or a
Firm
Transmission Service Agreement for a permanent assignment. Such
party shall be
referred to herein as "Replacement Shipper". A person that
desires to bid on
and obtain firm transportation rights released under the
provisions of this
Section 26 shall be known as a "Bidder."
26.2 (a) Prior to the commencement of service pursuant to any
Release
Request, the Replacement Shipper shall submit evidence that the
Replacement
Shipper meets the creditworthiness requirement of section 28 of
the GT&C,
unless the Releasor requests Transporter to waive the application
of such
requirement for a Prearranged Bidder and for other Bidders on a
non-discriminatory basis and provides Transporter with a
guarantee
satisfactory to Transporter of all financial obligations of the
Replacement
Shipper under its Released Transportation Agreement prior to
commencement of
service to Replacement Shipper.
(b) Subject to any restrictions in the original release, a
Replacement
Shipper shall be allowed to release the capacity under its
Transportation
Service Agreement, provided that the original release was not
volumetrically
based.
(c) The Capacity Release timeline is applicable to all parties
involved in
the Capacity Release process; however, it is only applicable if
1) all
information provided by the parties to the transaction is valid
and the
acquiring shipper has been determined to be credit worthy before
the capacity
release bid is tendered, 2) the Replacement Shipper is a party to
a Released
Transportation Service Agreement, and 3) there are no special
terms or
conditions of the release.
(d) Capacity Release Timeline: