Riverside Pipeline Company, L. P.

First Revised Volume No. 1

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Effective Date: 10/01/1993, Docket: RS92- 48-001, Status: Effective

Original Sheet No. 105 Original Sheet No. 105 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

18. CAPACITY RELEASE PROGRAM

 

18.1 Service Rights That May Be Assigned

 

(a) The Service Agreements of a Releasing Shipper with Service

Agreements under Rate Schedule FT may be assigned, in whole

or in part, to a Replacement Shipper for any time period up

to the remaining term of the Service Agreement.

 

(b) A Releasing Shipper is a Shipper that has executed a Release

Notice in accordance with Section 18.2.

 

(c) A Replacement Shipper is a party that (1) meets the

Eligibility criteria for Shippers set forth in Section 11,

including the credit standards set forth in Section 11.4,

except that Riverside shall not require the Replacement

Shipper to make the prepayment required by Section 11.1(a),

(2) accepts assignment of the Service Agreement of a

Releasing Shipper pursuant to this Section 18, and, (3)

executes a Service Agreement as prescribed by this Tariff.

 

(d) A Replacement Shipper may assign its Service Agreement as a

Releasing Shipper pursuant to this Section 18.

 

18.2 Initiation of the Assignment of Service Rights

 

(a) A Releasing Shipper may initiate the assignment of its

Service Agreement by executing and delivering to Riverside a

Release Notice in the form prescribed in Appendix B to the

General Terms and Conditions of this Tariff or by the EBB

System. A Releasing Shipper may withdraw its Release Notice

at any time prior to the close of the posting period

specified in Section 18.3(c).