Guardian Pipeline, L.L.C.

Original Volume No. 1

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Effective Date: 12/01/2002, Docket: RP02-534-000, Status: Effective

Original Sheet No. 188 Original Sheet No. 188 : Superseded








21. CAPACITY RELEASE (Continued)


(i) Transporter will post the winning bids and

Replacement Shippers' identity on the Website

for at least five Business Days.


21.5 Rights and Obligations of Releasing Shipper


(a) Regardless of the amount of capacity Releasing

Shipper releases under this Section 21,

Releasing Shipper shall remain liable for the

Reservation Charges attributable to the released

capacity unless otherwise agreed to in writing

and in advance by Transporter. In the event of

a permanent release, Transporter may, and will

not unreasonably refuse to, waive liability of

Releasing Shipper for the Reservation Charges.


(b) When capacity is awarded to Replacement Shipper,

Releasing Shipper must adjust or reconfirm its

nominations to reflect the capacity released.

Transporter may automatically change Releasing

Shipper's nominations to zero for the Service

Agreement under which capacity was released

unless such nominations are adjusted or

reconfirmed by the Releasing Shipper.


(c) If Releasing Shipper releases its MDQ for a

geographic portion of the capacity reserved

under its Service Agreement, Releasing Shipper

may use its full MDQ for its unreleased

geographic portion of capacity.


(d) When Releasing Shipper partially releases its

capacity under a Service Agreement by releasing

capacity between specific Points of Receipt and

Points of Delivery or by releasing only

a portion of its MDQ, Releasing Shipper's

Service Agreement shall be deemed to be modified

in accordance with the release and Releasing

Shipper may not utilize the capacity released

during the term of the release.