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. 120 Original Sheet No. 120

 

T. W. PHILLIPS PIPELINE CORP.

FORM OF CAPACITY RELEASE REQUEST

(Continued)

 

7. Any alternative non-discriminatory economic standard for determination of the award of

transportation rights, including a tie-breaker to choose between bids of equal value: Releasing

Shipper may attach additional pages, as necessary, to stipulate the release terms and conditions.

Additionally, if Releasing Shipper proposes to require any Replacement Shipper to execute an

agreement with Releasing Shipper as a condition of the release, then a copy of such agreement

must be submitted with this Release Request.

 

8. If Releasing Shipper has already obtained a Bidder that is prepared to accept all terms

and conditions of this Release Request (“Pre-arranged Bidder”), Releasing Shipper must provide

the following information:

 

a. The complete legal name of the Pre-arranged Bidder, type of legal entity and

state of incorporation: _______________________________________

_______________________________________

State of ______________________________

 

b. The rates and charges that the Pre-arranged Bidder agrees to pay for the Release

Request: ___________________ (reservation); ___________________ (commodity); ________% (Fuel and

Gas Loss Retention Percentage)

 

c. The term and the Release Quantity agreed to by the Pre-arranged bidder:

 

Term:________________________________________

Release Quantity:________ Dth per day

 

d. Other conditions to the release:______________________________________________

 

9. If the release is subject to bidding, Releasing Shipper shall attach to the Release

Request draft Exhibit R-____ reflecting terms of the release (except price and identify of the

Replacement Shipper which Transporter shall fill in following the close of the bidding period).

In the case of a Pre-arranged Bidder (whether or not subject to bidding), the Releasing Shipper

shall prepare an Exhibit R-_____ and the Pre-arranged Bidder shall execute such Exhibit prior to

the Releasing Shipper’s submission to Transporter. The executed Exhibit R-_____ shall be sub-

mitted with the Release Request. Releasing Shipper understands that Transporter reserves the

right to invalidate any Release Request within three days of its posting on Transporter’s Website

to the extent it is incomplete or fails to conform in any manner to the requirements of Trans-

porter’s Tariff.