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. 71 Original Sheet No. 71

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

22.6.3. Transporter shall have no obligations to market any capacity to be

released by a Releasing Shipper. Transporter, however, may agree to

market capacity for a Releasing Shipper and may negotiate a fee with the

Releasing Shipper for such service.

 

22.7. Term

 

22.7.1. Any release under this section shall be for a minimum term of at least

one Gas day.

 

22.7.2. Any release under this section shall be for a maximum term expiring on

the earlier of:

 

a) The last date this Tariff provision shall be effective;

 

b) The expiration date of Releasing Shipper’s FT Agreement when the

release is for the full term of such agreement, or

 

c) The expiration date specified by the Releasing Shipper in the

Shipper Notice.

 

22.8. Billing Adjustment to Releasing Shipper

 

22.8.1. Transporter shall credit Releasing Shipper’s monthly bill to reflect the

Reservation Charge invoiced to Replacement Shipper, provided however,

that in connection with a release of a volumetric rate, or a negotiated

rate with no reservation charge, Transporter shall credit Shipper’s

monthly bill with the amounts invoiced to the Replacement Shipper, less

any amounts attributable to variable costs, which Transporter shall

retain; and, provided further, that notwithstanding any other provision

of this Tariff, Transporter and Shipper may agree upon a payment obliga-

tion, sharing arrangement, or crediting mechanism that varies from or is

in addition to the provisions of this section.

 

22.8.2. If Replacement Shipper fails to pay all or any part of the Reservation

Charge so credited within thirty (30) days of its due date, then such

unpaid amount plus interest will be charged to Releasing Shipper’s next

monthly bill and will be due and payable by Releasing Shipper in accor-

dance with this section.