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).