Viking Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 07/01/2004, Docket: RP04-306-000, Status: Effective

Third Revised Sheet No. 71 Third Revised Sheet No. 71 : Effective

Superseding: First Revised Sheet No. 71

 

GENERAL TERMS AND CONDITIONS

 

 

21. RELEASES OR ASSIGNMENTS OF FIRM TRANSPORTATION AGREEMENTS (Continued)

 

21.1 Releasing Shipper's Request for Assignment (Continued)

 

(k) the manner in which any refunds in rates and charges ordered by FERC with

respect to the released capacity will be distributed by Releasing Shipper

to Replacement Shipper;

 

(l) whether the Releasing Shipper has made prior arrangements with a person to

release to such person such transportation rights ("Prearranged Bidder").

In such event, the Releasing Shipper additionally shall submit:

 

(i) the identity of the Prearranged Bidder;

 

(ii) the term, quantity and reservation and/or usage rates and all other

applicable rates, charges and surcharges to which the Prearranged

Bidder has agreed;

 

(iii) a statement that the Prearranged Bidder has agreed unconditionally

to accept the transportation rights on the terms prescribed in the

release; and

 

(iv) evidence that the Prearranged Bidder meets Company's

creditworthiness requirement, unless the Releasing Shipper requests

Company to waive the application of such requirement for the

Prearranged Bidder and for other Bidders on a non-discriminatory

basis and provides Company with a guarantee satisfactory to Company

of all financial obligations of the Replacement Shipper under its

Released Transportation Agreement prior to commencement of service

to the Replacement Shipper.

 

(m) any other conditions of the release, including whether Releasing Shipper

will require Replacement Shipper to indemnify Releasing Shipper in

connection with the release, and if so, the terms of the indemnification.

 

21.2 Replacement Shipper's Request for Assignment

 

A Shipper that desires to acquire rights to certain transportation service may

post on Company's System in accordance with Subsection 21.4(b) of these General

Terms and Conditions, a Replacement Shipper's request to release capacity which

shall contain the following information:

 

(a) Replacement Shipper's name;

 

(b) the TQ desired;

 

(c) the desired commencement date and term of the transportation service;