Trailblazer Pipeline Company
Fourth Revised Volume No. 1
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Effective Date: 12/28/2007, Docket: RP08-168-000, Status: Effective
Original Sheet No. 183 Original Sheet No. 183 : Effective
GENERAL TERMS AND CONDITIONS
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19. CAPACITY RELEASE BY FIRM SHIPPERS
19.1 GENERAL
(a) Subject to the terms, conditions and limitations
set forth in this Section 19, a Shipper holding capacity rights
under an Eligible Firm Transportation Agreement shall have the
right to release all or a portion of such capacity rights and, if
a capacity release is effectuated under this Section 19, to
receive a credit for reservation charge revenues received by
Trailblazer from that other Shipper for such released capacity.
(b) The deadlines set forth in this Section 19 are
applicable to all parties involved in the capacity release
process; however, they are only applicable if all information
provided by the parties to the transaction is valid and the
Replacement Shipper (or Subreplacement Shipper, if applicable) has
been determined to be creditworthy before the Qualified Bid is
tendered, and there are no special terms or conditions of the
release.
(c) Following is a summary of the capacity release
process and deadlines set forth in greater detail in the remainder
of this Section 19:
(1) For short-term biddable releases (less than
one year):
(i) The Capacity Release Request should
be tendered by no later than 12:00 p.m. Central Clock Time on a
Business Day;
(ii) The open season ends no earlier than
1:00 p.m. Central Clock Time on a Business Day (evaluation period
begins at 1:00 p.m. Central Clock Time during which contingency is
eliminated, determination of winning Qualified Bid(s) is made, and
ties are broken);
(iii) Evaluation period ends at 2:00 p.m.
Central Clock Time;
(iv) Match or award is communicated by
2:00 p.m. Central Clock Time;
(v) Match response by 2:30 p.m. Central
Clock Time;