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. 106 Original Sheet No. 106 : Effective

 

 

GENERAL TERMS AND CONDITIONS

 

 

18. CAPACITY RELEASE PROGRAM (Cont'd)

 

18.2 (b) In the Release Notice the Releasing Shipper must specify the

term, quantity and minimum rate the Releasing Shipper is

willing to accept and whether the assignment is subject to

recall and the applicable recall conditions. The Releasing

Shipper may specify further objective and nondiscriminatory

conditions in its Release Notice, such as alternative

economic criteria for evaluating bids, whether bids using a

one-part, volumetric rate will be accepted, whether two-part

rates which are different from those specified in its

Service Agreement with Riverside will be accepted, and if

so, how they will be evaluated, alternative methods for

breaking ties, whether contingent bids will be accepted and,

if so, the method by which contingent bids will be evaluated

and when the contingency must be removed, whether bids for a

portion of the capacity offered will be accepted or whether

a prepayment deposit, not to exceed the prepayment deposit

set forth in Section 11.1(a), will be required to be paid to

the Releasing Shipper. The Releasing Shipper may not

specify conditions which are in conflict with the Service

Agreement, the applicable Rate Schedule, or these General

Terms and Conditions, provided that the Releasing Shipper

shall be permitted to condition its release on the

Replacement Shipper's not making changes to Primary Receipt

and Delivery Points.

 

(c) The Releasing Shipper may arrange for the assignment of its

Service Agreement to a Designated Replacement Shipper prior

to submitting its Release Notice to Riverside. However, the

assignment will not become effective except as provided in

this Section 18.

 

(d) Riverside shall post any requests for the assignment of

service rights by prospective Shippers on its EBB. Such

requests shall identify price, term, quantity, and names of

any party requesting released capacity.