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Original Sheet No. 80 Original Sheet No. 80 : Superseded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