U-T Offshore System, L.L.C.

Third Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-146-001, Status: Effective

First Revised Sheet No. 65 First Revised Sheet No. 65 : Superseded

Superseding: 2nd Substitute Original Sheet No. 65

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

(b) U-TOS shall provide for the electronic execution and tender of all

documents required in this Section 17.8 through its Electronic Delivery

Mechanism; provided, however, that U-TOS may also require a fully executed

written agreement.

 

17.9 Posting of Requests for Released Capacity. A prospective Replacement Shipper

that wants to make a request for released firm capacity ("Release Request") may

inform U-TOS, by mail, facsimile, or U-TOS' Electronic Delivery Mechanism, of

the specific terms and conditions of the Release Request. Upon receipt of the

tendered Release Request, U-TOS will post the Release Request in accordance with

the following procedures:

 

(a) The Release Request must be made on the U-TOS Release Request Form, as set

forth on Sheet No. 127-130 of this tariff, and must include the following

information:

 

(i) The prospective Replacement Shipper's legal name, and the name,

title, address, telephone number, and facsimile number of the

individual responsible for the Release Request;

 

(ii) The amount of firm capacity, by receipt point, delivery point, and

in total, that the prospective Replacement Shipper wants to acquire;

 

(iii) The proposed effective date and term of the desired acquisition of

capacity;

 

(iv) The maximum reservation charge, or volumetric reservation rate

equivalent thereof, that the prospective Replacement Shipper is

willing to pay for the capacity; and

 

(v) Any other terms or conditions that the prospective Replacement

Shipper deems essential to the Release Request, provided, that any

such terms or conditions must be consistent with the terms and

conditions of this tariff.

 

(b) A Release Request that conforms to the requirements of subsection 17.9(a)

of this Section 17, that is received by U-TOS no later than 12:00 noon

Central Time on a business day, and for which the posting fee has been

paid, will be posted on U-TOS' Electronic Delivery Mechanism beginning on

the following business day.

 

(c) The posting of the Release Request will continue for a period of 30 days,

except that the prospective Replacement Shipper may request that it be

removed, or that the posting be extended for an additional 30-day period,

at any time prior to the end of the period.

 

(d) Any agreement for the release of capacity between a Releasing Shipper and

the prospective Replacement Shipper that posted the Release Request shall

be subject to all requirements of this Section 17 that pertain to such a

transaction, including the applicable posting and competitive bid

requirements of subsections 17.4, 17.5, and 17.6.

 

17.10 Active Marketing of Release Proposals By U-TOS. If a Releasing Shipper requests

that U-TOS actively market its Release Proposal, U-TOS will inform the Releasing

Shipper whether U-TOS is willing to pursue the possibility of providing active