CNG Transmission Corporation
Second Revised Volume No. 1
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Effective Date: 02/01/1999, Docket: RP97-406-021, Status: Effective
Third Revised Sheet No. 374 Third Revised Sheet No. 374 : Superseded
Superseding: Sub. Second Revised Sheet No. 374
GENERAL TERMS AND CONDITIONS
Capacity Release
to relieve Releasing Customer from liability
under its Service Agreement.
2. Unless otherwise agreed under Section 23.4.C.
below, Releasing Customer will receive a
contingent credit for reservation charges and
associated surcharges actually paid to and
received by Pipeline, attributable to capacity
rights released by Releasing Customer.
a. Pipeline will grant Releasing Customer a
contingent credit for the reservation
charges and reservation-related surcharges
attributable to capacity rights released by
such customer. In the event Pipeline is not
paid the applicable reservation charges for
the released capacity, Pipeline shall have
the right to reverse such contingent credit
and to charge applicable interest to
Releasing Customer.
b. Pipeline will fully credit Releasing
Customer for Reservation Charges and
reservation-related surcharges paid, up to
Pipeline's authorized maximum rate, even if
such revenues exceed any discounted rate
contractually payable by Releasing Customer
for the released capacity.
c. Reservation Charge credits to Releasing
Customer will be reduced by any marketing
fees applicable to releases in which
Pipeline actively markets the capacity, as
negotiated between Pipeline and Releasing
Customer.