Oktex Pipeline Company
Original Volume No. 1
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Effective Date: 02/01/2009, Docket: RP09-278-000, Status: Effective
Original Sheet No. 40A.01 Original Sheet No. 40A.01
XXXIII. CAPACITY RELEASE
1. Transporter will provide a firm capacity release mechanism pursuant to
this Article XXXIII through which (1) existing Shippers can voluntarily
release and assign all or part of their firm transportation capacity rights to
a potential shipper that wants to obtain that capacity by contracting with
Transporter. Shippers may release and assign their firm transportation
capacity on Transporter (Part 284 capacity) only under this Article XXXIII of
the General Terms and Conditions. Individually certificated capacity cannot
be released hereunder. Transportation service provider will provide
volumetric releases in accordance with NAESB Standard 5.3.5. A capacity
release with a term of one year or less and the release is to take effect on
or before one year from the date on which the Shipper notifies the Transporter
of the release may exceed the maximum rates for the applicable service being
released as set forth on the applicable currently effective tariff sheets. The
rate paid by Shipper for these releases will be deemed to be a final rate and
is not subject to refund.