High Island Offshore System, L.L.C.
Third Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 10/01/2007, Docket: RP06-540-004, Status: Effective
Third Revised Sheet No. 143 Third Revised Sheet No. 143 : Effective
Superseding: Substitute Second Revised Sheet No. 143
GENERAL TERMS AND CONDITIONS
Transportation Agreement for firm transportation
service that conforms to Rate Schedule FT-1 or FT-2 of
this Tariff; and (2) become a party to the Gas
Allocation Agreement between HIOS and its shippers.
17.11(b) HIOS reserves the right to request additional or renewed
credit evaluation materials at any time for the purpose of
reviewing a completed creditworthiness evaluation.
17.12 Rights and Obligations of the Releasing Shipper and the Replacement
17.12(a) General Commitment of Replacement Shipper. By acquiring
released capacity, a Replacement Shipper agrees that it will
comply with all of the provisions of this Tariff, the terms
and conditions of the executed Rate Schedules FT-1 and FT-2
Transportation Agreement, and the applicable orders, rules,
and regulations of the Federal Energy Regulatory Commission.
The Replacement Shipper shall remain fully liable to HIOS at
the end of the term of the release transaction for all
responsibilities under its Transportation Agreement with
HIOS, including, but not limited to, all charges incurred by
the Replacement Shipper.
17.12(b) Continuing Obligations of Releasing Shipper. The original
Releasing Shipper in any sequence of one or more releases
involving the same capacity ("Original Releasing Shipper")
shall continue to be liable for all reservation charges
associated with the released capacity, up to the reservation
charge specified in the Original Releasing Shipper's