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. 131 Original Sheet No. 131 : Effective

 

 

26.5 Further Conditions on Release of Transportation.

 

(a) Persons participating in this release program agree to be

bound by and

shall comply with the terms and conditions of this Tariff, and

all applicable

Commission rules, orders and regulations.

 

(b) All terms and conditions in all Release Requests must be

objectively

stated, applicable to all Bidders and non-discriminatory.

 

(c) The minimum term for release shall be one day and the

maximum term shall

be the remaining term of the Releasing Shipper's transportation

service

agreement.

 

(d) The maximum rates for any release shall be the applicable

maximum

reservation charge and usage charge, as well as all other

applicable rates,

charges, end surcharges set forth in this Tariff, notwithstanding

any discount

to such rates, charges or surcharges then in effect for the

Releasing Shipper,

provided that, for short-term releases of less than one year, a

Releasing

Shipper may charge more than the applicable maximum filed rate

until September

30, 2002, or thereafter if approved by the Commission. For less

than maximum

rate transactions only, converting daily rate to monthly rate is

accomplished

by multiplying the daily rate time 365; dividing the result by

12; and taking

the remainder out of 5 decimal places and rounding up or down to

the

transporter's specified decimal place. Converting a monthly rate

to a daily

rate is accomplished by multiplying the monthly rate times 12;

dividing the

result by 365; and taking the remainder out of 5 decimal places

and rounding

up or down to the transporter's specified decimal place.

 

(e) Terms and Conditions, Posting, and Bidding

 

(i) All terms and conditions of all releases must be consistent

with the

terms and conditions of the Releasing Shipper's transportation

service

agreement and with this Tariff, including the provisions on

nominations and

scheduling of transportation and curtailment of service.

 

(ii) Bids are binding until written or electronic notice of

withdrawal is

received by Transporter. Offers are binding until written or

electronic

notice of withdrawal is received by Transporter. Bids cannot be

withdrawn

after the bid period ends. The releasing party has the right to

withdraw its

offer during the bid period, where unanticipated circumstances

justify and no

minimum bid has been made.