Hardy Storage Company, LLC
Original Volume No. 1
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Effective Date: 04/01/2007, Docket: CP05-150-003, Status: Effective
Original Sheet No. 108 Original Sheet No. 108 : Effective
GENERAL TERMS AND CONDITIONS (Cont’d)
14.1 Initiating the Release and Assignment.
(a) Electronic Bulletin Board. The release and assignment of
service rights by Customer shall be facilitated through Seller's Electronic
Bulletin Board (EBB), described at Section 2 (Electronic Bulletin Board) of
the General Terms and Conditions. As explained below, Customers seeking to
release and assign firm service rights (Releasors) shall post offers to
release and notices of prearranged assignments through Seller's EBB.
Potential Replacement Customers also may post offers to purchase service
rights and bids for capacity noticed by Releasors through Seller's EBB. Such
postings shall be made through the interactive features of Seller's EBB.
Seller reserves the right to request modifications in, or to delete all or
any portion of, postings that do not conform to the requirements of Section
14.1(b) below; provided, however, that Seller shall have no responsibility
for any errors, omissions, or other aspects of these postings from third
parties on its EBB.
(b) Release Notice. Releasor may initiate the assignment of
the service rights it is seeking to release and assign by electronically
transmitting the information specified below to Seller's EBB (Release
Notice). Such electronic Release Notice shall contain the following
information regarding the capacity that Customer is seeking to release:
(1) Releasor's identity, the Rate Schedule under which
Releasor seeks to release capacity, and the Service Agreement
number assigned by Seller to the Service Agreement under which
Customer seeks to release capacity;
(2) whether release is on a temporary or permanent basis;
(3) the numeric quantity on a per day basis for storage
injection, storage withdrawal, a per-release quantity for storage
capacity, and the term (duration);
(4) the receipt and delivery points;
(5) any applicable recall provisions relating to the
proposed release, and whether the Replacement Customer will have
the option to refuse the capacity after recall has ended;