Sea Robin Pipeline Company

First Revised Volume No. 1

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Effective Date: 06/30/2000, Docket: RP00-301-000, Status: Effective

Third Revised Sheet No. 64 Third Revised Sheet No. 64 : Superseded

Superseding: Second Revised Sheet No. 64

GENERAL TERMS AND CONDITIONS

(Continued)

 

21.2(c) (continued)

 

to a right of recall, the capacity then released by the

Secondary Releasing Shipper, and any subsequent Secondary

Release of the capacity thereafter, shall also be subject to

the right of recall.

 

(d) Prearranged Release of Firm Capacity for One Calendar Month

or Less, or for the Maximum Rate, Volume and Term: A

Releasing Shipper who wishes to release its firm capacity to

a prearranged bidder on a temporary basis for a term of one

(1) calendar month or less may do so without posting an

offer for its firm capacity. The minimum term for such

release shall be one (1) contract day and the term must be

for a consecutive number of days within the same calendar

month. The Releasing Shipper and its Acquiring Shipper

shall notify Transporter of the terms of the Temporary

Release by requesting an Addendum to Acquiring Shipper's

Temporary Capacity Release Agreement by electronically

submitting the offer and bid forms set forth on SoNet to

Transporter no later than 3:00 p.m., Central Clock Time on

the business day prior to the nomination deadline for the

effective date of the release or by providing to Transporter

the information contained on Transporter's offer and bid

forms no later then 10:00 a.m., Central Clock Time on the

business day prior to the nomination deadline for the

effective date of the release. The Acquiring Shipper must

also be prequalified for credit pursuant to Section 21.5(e)

below and have executed a Temporary Capacity Release

Agreement with Transporter. Once the term of the release

hereunder has expired, the Releasing Shipper cannot release

its capacity to the same Acquiring Shipper under this

provision until twenty-eight (28) days or more have elapsed

since the termination of the non-posted, prearranged release

hereunder. A Releasing Shipper who wishes to release its

firm capacity to a prearranged bidder for the maximum rate,

volume, capacity and term offered, as discussed in Section

21.5(d) below, also may do so without posting an offer for

its firm capacity, provided that the Releasing Shipper and

its Acquiring Shipper comply with the notification

requirements set forth above for non-posted releases.

Transporter shall post on SoNet the terms of a release

entered into under this Section as soon as possible, but no

later than forty-eight (48) hours after the effective date

of such released transaction.