Total Peaking Services, L. L. C.

Original Volume No. 1

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Effective Date: 08/15/2000, Docket: RP00-496-001, Status: Effective

1st Revised Sheet No. 83 1st Revised Sheet No. 83 : Effective

Superseding: Original Sheet No. 83

GENERAL TERMS AND CONDITIONS

(Continued)

 

23. CAPACITY RELEASE

 

Any Customer under Rate Schedule LSV or LNG may seek to release for

assignment to others any or all of its firm service entitlements,

subject to the following terms and conditions:

 

23.1 Notice of Offer. A Customer offering to release firm service

entitlements shall furnish written notice to Total Peaking, or

via the IWS as specified by Total Peaking, of the terms of its

offer. The Customer may propose a prearranged designated

Replacement Customer to which the capacity would be released.

Offers shall be binding until written or electronic notice of

withdrawal is received by Total Peaking prior to the close of the

applicable bid period; provided, however, such withdrawal shall

only be valid if such Customer has an unanticipated requirement

for such capacity and no minimum bid has been made. The notice

must contain the reason for withdrawal which Total Peaking shall

post on its IWS. The offer shall contain the following minimum

information:

 

(a) Customer's legal name and the name/title of

individual who has authorized the offer to release.

 

(b) Total Peaking's service agreement number.

 

(c) A description of the capacity to be released and

assigned. The notice must state the portion of the

Maximum Contract Storage Capacity, the Maximum Daily

Liquefaction Volume, and the Maximum Daily

Withdrawal Volume and the associated Point(s) of

Receipt and Point(s) of Delivery, subject to the

proposed release and assignment. Release Quantity

shall be expressed as a numeric quantity only.

 

(d) The proposed effective date and term of the release

and assignment.

 

(e) The identity of any pre-arranged designated

Replacement Customer and the full terms of such pre-

arranged release.

 

(f) The method to be applied in evaluating bids,

allocating capacity and breaking ties, as described

below.