Pine Needle LNG Company, LLC

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-428-000, Status: Effective

Original Sheet No. 75.02 Original Sheet No. 75.02 : Effective

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

20. CAPACITY RELEASE (Continued)

 

20.10 Recall Rights/Reput Rights (Continued)

 

(c) (Continued)

 

For recall notification provided to Pine Needle prior to the recall

notification deadline specified above and received between 7:00 a.m. and 5:00

p.m., Pine Needle should provide notification to all affected Replacement

Customers no later than one hour after receipt of such recall notification.

 

For recall notification provided to Pine Needle after 5:00 p.m. and prior to

7:00 a.m., Pine Needle should provide notification to all affected Replacement

Customers no later that 8:00 a.m. after receipt of such recall notification.

(Central Clock Time)

 

The party recalling the capacity shall be subject to Pine Needle's nomination

deadlines, in accordance with the provisions set forth in Section 17.1 of the

General Terms and Conditions. Pine Needle is not obligated to deliver volumes

in excess of the total daily contract quantity of the release as a result of

recalls.

 

(d) When capacity is recalled, it may not be reput for the same gas day. The

deadline for notifying Pine Needle of a reput is 8:00 a.m. to allow for timely

nominations to flow on the next gas day.

 

(e) At the end of the recall period, capacity shall revert back to the Replacement

Customer, if applicable, subject to Pine Needle's nomination deadlines, as set

forth in Section 17.1 of the General Terms and Conditions.