Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

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Effective Date: 01/07/2008, Docket: RP08-113-000, Status: Effective

Fourth Revised Sheet No. 256 Fourth Revised Sheet No. 256 : Effective

Superseding: Third Revised Sheet No. 256

GENERAL TERMS AND CONDITIONS

(continued)

 

9. CAPACITY RELEASE (continued)

 

does not require continuing assurances of creditworthiness

under Sections 3.7 and 3.8 of the GT&C for Prearranged

Customers or Replacement Customers any less than it does the

Releasing Customer, the Releasing Customer continues to be

liable.

 

(3) In the event there is a request for a permanent release of

Customer's capacity, Pipeline will agree to discharge the

Releasing Customer of liability, on a prospective basis, in

whole or in part, provided (i) the Replacement Customer

submits a Request for service electronically via the LINK®

System and meets the credit requirements as specified in GT&C

Section 3, (ii) it is reasonable to do so, and (iii) the

Pipeline's lenders agree to such discharge.

 

(4) Recall Provisions.

 

Any Releasing Customer retaining the right of recall may

exercise such right of recall by providing notification via

the LINK® System to Pipeline in accordance with the notice

requirements set forth in this section, provided such recall

(i) conforms to the recall terms of such Releasing Customer's

Notice; and (ii) does not constitute a waiver or modification

of Section 5 of Pipeline's GT&C. Any Releasing Customer may

exercise a right of recall, subject to the provisions of this

Section 9.6(b), in the event a Replacement or Prearranged

Customer fails to pay part or all of the amount of any

invoice for service provided when such amount is due in

accordance with Section 15 of the GT&C.

 

Releasing Customer's rights to recall capacity on a full Day

or partial Day basis shall be stated clearly in Customer's

Notice. Purchase of gas by a Releasing Customer from a

Replacement Customer at the Releasing Customer's city gate

point(s) shall not be deemed to be the exercise of a recall by

the Releasing Customer.

 

The Releasing Customer shall provide capacity recall

notification to Pipeline via the LINK® System. The recall

notification shall specify the recall notification period for

the specified effective Gas Day, as well as any other

information needed to uniquely identify the capacity being

recalled.