Trans-Union Interstate Pipeline, L.P.

Original Volume No. 1

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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: