T.W. Phillips Pipeline Corp.

Original Volume No. 1

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Effective Date: 01/01/2010, Docket: RP10-141-000, Status: Effective

Original Sheet No. 63 Original Sheet No. 63

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

22. CAPACITY RELEASE

 

22.1. Capacity Eligible for Release – Shippers under Rate Schedule FT shall be permit-

ted to release their capacity on a temporary or permanent basis, in accordance

with this section. Capacity eligible to be released hereunder shall be limited

to the firm capacity reserved by the Releasing Shipper, as defined by the Primary

Receipt Point(s) and the Primary Delivery Point(s) contained in the Shipper’s FT

Agreement. Releases may be made on an interruptible (i.e., subject to recall) or

firm basis and may be billed by Transporter based on usage.

 

22.2. Shipper Release Notice – A Shipper that desires to release any or all of its firm

capacity under this section must notify Transporter electronically on the Website

of its intent to release capacity and the terms of the release (hereafter referred

to as “Shipper Notice”). A Shipper Notice shall be posted on the Website upon

receipt by Transporter or such other time which must comply with the timeline set

forth in this section, as requested by Releasing Shipper. This Shipper Notice

shall include:

 

22.2.1. Releasing Shipper’s name and contract number;

 

22.2.2. The specific quantity of capacity to be released;

 

22.2.3. If the request for release is on a permanent basis;

 

22.2.4. The Receipt Point(s) and Delivery Point(s) at which Releasing Shipper will

release capacity and the quantity of capacity to be released at each point;

 

22.2.5. The term of the release;

 

22.2.6. Whether Releasing Shipper is willing to release an amount less than

requested and for a shorter time period than requested;

 

22.2.7. Whether Releasing Shipper conditions the release to not allow the Replace-

ment Shipper to effect a change in the Primary Receipt and/or Delivery

Point(s) listed on Exhibit A to the Releasing Shipper’s FT Agreement;