Viking Gas Transmission Company
Original Volume No. 1
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Effective Date: 11/01/1993, Docket: RS92- 52-001, Status: Effective
Original Sheet No. 80 Original Sheet No. 80 : Superseded
GENERAL TERMS AND CONDITIONS (Continued)
f) A Releasing Shipper which has released its capacity subject to recall, upon
occurrence of the event(s) allowing recall, may effect a recall by notifying
Transporter and Replacement shipper by 4:00 p.m. CST on the day preceding the
effective date of the recall. Such notification will confirm that the conditions
of recall have been met and will be accompanied by the scheduling information
required under Article III of Transporter's General Terms and Conditions. The
recall may be cancelled by notice from Releasing Shipper by 10:00 a.m. on the day
prior to the effective date of the return of the entitlements to Replacement
Shipper. Unless a Release Request specifies a different recall period, the recall
period shall not exceed 20 days.
g) Transporter may invalidate any Release Request or any Bid subsequent to its posting
on its EBB which does not conform in all respects to the requirements of
Transporter's Tariff and such invalidated Release Request or Bid shall be deemed
null and void.
h) Notwithstanding any release hereunder, all Releasing Shippers shall remain
responsible for payment of the reservation charge for firm transportation service
released. The Releasing Shipper shall receive a reservation credit equaling the
reservation dollars which Transporter receives from the Replacement Shipper. The
Releasing Shipper will receive credit at the same time Viking invoices the
Replacement Shipper for the released capacity, provided, if the Replacement
Shipper defaults and Viking must seek payment from the Releasing Shipper, Viking
will assess the Releasing Shipper interest at the FERC approved rate. A
reservation rate for the purposes of this Section consists of (i) the base
reservation rate, and (ii) all applicable surcharges, provided that for releases
made on a volumetric basis, the reservation charge shall equal the daily
reservation rate multiplied by the applicable volume plus all applicable
surcharges. Any discount from said rate comes first off the surcharges and then
off the base reservation rate. Therefore, a Releasing Shipper paying a discounted
rate is only entitled to receive any revenues from the release of its capacity that
exceed the amount of the applicable surcharges.
i) Transporter shall bill Replacement Shipper based upon the rates, charges and
surcharges incorporated by Exhibit into the Released Transportation Agreement. The
commodity charges for the Replacement Shipper will include the maximum commodity
rate under the applicable rate schedule including all adjustments. If the
Replacement Shipper fails to pay all or any portion of any bill by the due date
specified on the invoice, Transporter shall send an invoice to the Releasing
Shipper for all unpaid amounts up to the amount of the Releasing Shipper's
reservation charge, which the Releasing Shipper shall pay to Transporter with
interest thereon, which interest shall be calculated from the date which
Transporter credited the Releasing Shipper for the applicable reservation charges