Stingray Pipeline Company

Third Revised Volume No. 1

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Effective Date: 07/10/1995, Docket: RP95-306-001, Status: Effective

Third Revised Sheet No. 150 Third Revised Sheet No. 150 : Superseded

Superseding: Second Revised Sheet No. 150

GENERAL TERMS AND CONDITIONS

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(m) REPLACEMENT SHIPPER

 

A Shipper receiving capacity rights under an

Eligible Firm Transportation Agreement pursuant to a direct release

from an Original Shipper under this Section 16.

 

(n) SHORT-TERM PREARRANGED RELEASE

 

A Prearranged Release with a term of thirty-one

(31) days or less that is not for the maximum reservation charge.

 

(o) SUBREPLACEMENT SHIPPER

 

A Shipper receiving capacity rights released from

an Eligible Firm Transportation Agreement by a Replacement Shipper

or a Subreplacement Shipper under this Section 16.

 

(p) UNIT BID VALUE

 

The unit value per Mcf assigned to a Qualified Bid

or a Prearranged Release according to the bid evaluation procedures

set forth in Section 16.10.

 

(q) WINNING BID VALUE

 

The highest possible total Bid Value achievable

under Section 16.10 for the Capacity Release Request from the

Qualified Bids consistent with the Capacity Release Request and this

Section 16.

 

16.3 RELEASE WITHOUT A PREARRANGED SHIPPER

 

A Shipper seeking to release its Eligible Firm

Transportation Agreement capacity rights without a Prearranged

Shipper shall deliver a Capacity Release Request to Stingray's DART

system (or in writing for posting on Stingray's DART system if

Stingray's DART system is unavailable for receiving Capacity Release

Requests) which sets forth:

 

(a) The Releasing Shipper's legal name, address and

phone number, the Eligible Firm Transportation Agreement number, the

date of the Eligible Firm Transportation Agreement and the name and

title of the individual responsible for authorizing the capacity

release;