MidContinent Express Pipeline LLC
Original Volume No. 1
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Effective Date: 07/17/2010, Docket: RP10-849-000, Status: Effective
First Revised Sheet No. 206 First Revised Sheet No. 206
Superseding: Original Sheet No. 206
GENERAL TERMS AND CONDITIONS
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(2) Except in the case of a permanent release,
no Replacement Shipper or Subreplacement Shipper shall have the right
to change the primary Receipt or Delivery Points listed in the
Eligible Firm Transportation Agreement, unless the Original Shipper
and MEP agree to amend the Eligible Firm Transportation Agreement to
accordingly change the primary points. Point designations for
segmented released are governed by Section 6.13 of these General
Terms and Conditions.
(3) (i) The maximum rates that may be bid and
charged for a Released Firm Transportation Agreement that is for a
term greater than one (1) year are the higher of the maximum lawful
rates applicable to the Eligible Firm Transportation Agreement held
by the Original Shipper or the Negotiated Rate (or rate under a
Negotiated Rate Formula) being paid by the Releasing Shipper. If the
Releasing Shipper is paying a Negotiated Rate or a rate under a
Negotiated Rate Formula pursuant to Section 30 of these General Terms
and Conditions, a Qualified Bidder may not bid a rate which exceeds
the higher of such rate or the applicable Recourse Rate. A qualified
Bidder may bid a rate form which would be a Negotiated Rate or
Negotiated Rate Formula if and only if the rate form is one
explicitly recognized in MEP's Tariff as available for capacity
releases (such as volumetric rates). Notwithstanding the foregoing,
a release of Leased Capacity may not be at a rate which exceeds the
Leased Capacity Charges in effect from time to time.
(ii) There is no maximum rate limitation
applicable to bids for capacity release for a term of one (1) year or
less, if the release is to take effect on or before one (1) year from
the date on which MEP is notified of the release.
(4) Unless otherwise agreed, in no event shall
any Negotiated Rate (or rate under a Negotiated Rate Formula) which
is less than the Recourse Rate apply to overrun quantities.
(e) A Capacity Release Request may include the right
by a Releasing Shipper to recall all or part of the capacity, and/or
to reput all or part of the recalled capacity, at any time and from
time to time. All recalls or reputs must be made in accordance with
the other provisions of MEP's Tariff, including Section 14.14 of
these General Terms and Conditions.