Sea Robin Pipeline Company
First Revised Volume No. 1
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Effective Date: 08/04/1997, Docket: RP97-411-001, Status: Effective
First Sub. Second Rev. Sheet No. 60 First Sub. Second Rev. Sheet No. 60 : Superseded
Superseding: Second Revised Sheet No. 60
GENERAL TERMS AND CONDITIONS
(Continued)
21. SHIPPER RELEASE OF FIRM CAPACITY
21.1 This Section 21 sets forth the sole means by which a firm Shipper
("Releasing Shipper") may, pursuant to Section 284.243 of the Commission's Regulations
release its firm capacity rights under an FTS Agreement or FTS-2 Agreement with
Transporter to a third party ("Acquiring Shipper") provided that the Releasing Shipper
does not have any past due amount owing to Transporter under the Agreement for which
it wishes to release capacity.
21.2 Types of Releases:
(a) Permanent Release: A Releasing Shipper may release all or part of
its firm capacity under a FTS or FTS-2 Agreement with Transporter at
any time for the entire remaining primary term of the Agreement
("Permanent Release") pursuant to the provisions of this Section 21.
A Permanent Release operates as an assignment of capacity.
Therefore, the Acquiring Shipper must meet Transporter's requirements
related to creditworthiness set forth in Transporter's FTS or FTS-2 Rate
Schedules. The Acquiring Shipper shall be required to execute a separate
FTS Agreement or FTS-2 Agreement and a Reserve Commitment Agreement with
Transporter for the released capacity under the same Rate Schedule,
at the maximum rate and for the primary term originally
set forth in the Releasing Shipper's Agreement with
Transporter, unless Transporter agrees otherwise in a
nondiscriminatory manner. The Acquiring Shipper may contract for
either the firm Receipt and Delivery Point/s specifically set forth in
a Releasing Shipper's offer of firm capacity under Section 21.5(c)
below or other Receipt and Delivery Points subject to the terms of
Section 21.5(f) below. The Acquiring Shipper then has the right to
release its capacity on a permanent or temporary basis under the
terms and conditions of this Section 21. Upon the successful
completion of a Permanent Release, the Releasing Shipper shall be
responsible only for those charges under its FTS