Empire Pipeline, Inc.

Original Volume No. 1

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Effective Date: 12/10/2008, Docket: CP06-5-010, Status: Effective

Original Sheet No. 167 Original Sheet No. 167

 

GENERAL TERMS AND CONDITIONS

 

 

12. CAPACITY RELEASE (Cont'd.)

 

 

(xvi) whether Potential Shippers may submit bids subject

to contingencies that extend beyond the posting

period applicable to the notice;

 

(xvii) whether the Existing Shipper requests a release of

further obligations to Transporter, as described in

Section 12.7 hereof; and

 

(xviii) if, pursuant to Section 12.4(d) hereof, the

Potential Shipper or Prearranged Shipper will be

subject to lesser security requirements then those

set forth in Section 2.2(e) of these General Terms

and Conditions, a clear explanation of those lesser

security requirements.

 

 

(b) Offers are binding until written or electronic notice of

withdrawal is received by Transporter. The releasing party

may withdraw its offer during the bid period where

unanticipated circumstances justify and no minimum bid has

been made. The withdrawal must be via written notice,

facsimile transmission or through E-mail, or via EDM,

including an affidavit establishing unanticipated

circumstances justifying the withdrawal. A Shipper's Notice

of a prearranged deal transmitted via EDM must be withdrawn

via EDM.