Enbridge Offshore Pipelines (Utos) LLC
FIFTH REVISED VOLUME NO. 1
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Effective Date: 09/01/2005, Docket: RP05-445-000, Status: Effective
First Revised Sheet No. 141 First Revised Sheet No. 141 : Effective
Superseding: Original Sheet No. 141
GENERAL TERMS AND CONDITIONS
(Continued)
17. CAPACITY RELEASE
17.1 Eligibility. Subject to the procedures and conditions set forth in the
following subsections of this Section 17, any holder of firm capacity
rights under Rate Schedule FT of this tariff, including any person that
acquired such rights through release pursuant to such procedures and
conditions, may release all such rights, or a part thereof, to another
person. Any such person that seeks to release firm capacity rights is
hereinafter referred to as a "Releasing Shipper." The person to whom
such rights are released is hereinafter referred to as the "Replacement
Shipper." For the purposes of certain provisions of this Section 17, the
"Replacement Shipper" may be referred to as the Prearranged Shipper" as
that term is defined in subsection 17.4 of this Section 17, where
applicable.
17.2 Limitations on Releases. Any proposed release of capacity under this
Section 17 shall be subject to the following limitations:
(a) The Capacity Release timeline is applicable to all parties
involved in the Capacity Release process; however, it is only
applicable if (1) all information provided by the parties to the
transaction is valid and the Replacement Shipper has been
determined to be creditworthy, in accordance with Section 5,
hereof, before the capacity release bid is tendered and (2) there
are no special terms or conditions of the release.
(b) Period of Release. Any proposed release of capacity must be for
a period of no less than one Day, as defined in subsection 1.5 of
the General Terms and Conditions, and no more than the remaining
primary term of the Transportation Agreement between the
Releasing Shipper and UTOS.
(c) Volume of Release. Any proposed release of capacity must be in
an amount of no less than 100 Dth at any specific receipt point,
and no more than the Releasing Shipper is entitled to, by receipt
point, delivery point, and in total, under its Transportation
Agreement with UTOS.
(d) Maximum Reservation Charge. Pursuant to 18 C.F.R. Section
284.8(i) of the Commission's regulations, until September 30,
2002, for releases with a term of less than one year, the
Releasing Shipper may specify a rate for the released capacity
that exceeds the maximum rate stated on the then-effective Sheet
No. 4. For releases with terms of one year or more and for all
releases after September 30, 2002, a Releasing Shipper may not
specify a reservation charge for the released capacity that
exceeds the maximum reservation charge for the Releasing Shipper
stated on the then-effective Sheet No. 4 of this tariff. For
releases with terms of one year or more and for all releases
after September 30, 2002, a Releasing Shipper may specify a
volumetric reservation charge for the released capacity provided
that such charge does not exceed the 100 percent (100%) load
factor equivalent of the maximum reservation charge set forth for
the Releasing Shipper on the then-effective Sheet No. 4 of this
tariff.