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. 65 Original Sheet No. 65

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

22.2.14.The terms Releasing Shipper imposes may not conflict with any provision

of the FT Agreement, Rate Schedule or GT&C. In the event of such con-

flict, Transporter may withdraw the Shipper Notice from posting.

 

22.3. Exceptions to Bidding

 

22.3.1. At Shipper’s option, a Shipper Notice for a release of thirty-one (31)

days or less with a designated PRS shall not be subject to the bidding

process in accordance with this section. An exempt capacity release

shall not contain an evergreen provision and cannot be reassigned to the

same PRS within twenty-eight (28) days from the termination of each

release, except in the event the PRS is bidding the Maximum Rate or is

bidding on a second release under a different FT Agreement.

 

22.3.2. In the event Releasing Shipper presents a PRS that is on the approved

bidders list, and such PRS agrees to pay the applicable Maximum Rate and

agrees to all other conditions of the release prior to the submission of

the Shipper Notice to Transporter, the released capacity will be assigned

to the PRS and such Shipper Notice shall be exempt from the bidding pro-

cess in accordance with this section. The PRS will be posted as the

winning bidder in accordance with this section.

 

22.3.3. Timing of Capacity Releases Exempt from Bidding – For non-biddable

releases, the posting of the Shipper Notice for prearranged deals not

subject to bid are due (Central Time):

 

a) Timely Cycle – by 10:30 a.m. on a business day

 

b) Evening Cycle – by 5:00 p.m. on a business day

 

c) Intra-day 1 Cycle – by 9:00 a.m. on a business day

 

d) Intra-day 2 Cycle – by 4:00 p.m. on a business day

 

The capacity release addendum number will be issued within one (1) hour

of the award posting. Nomination is possible beginning at the next avail-

able nomination cycle for the effective date of the capacity release

addendum.