Tariff
TWP Pipeline LLC
FERC GAS TARIFF
SECOND REVISED VOLUME NO. 1
SECTION 7.22
CAPACITY RELEASE
VERSION 3.0.0
GENERAL TERMS AND CONDITIONSany and all losses, damages, expenses, claims, suits, actions and proceedings whatsoever threatened, incurred or initiated as a result of Transporter's performance hereunder, except to the extent such loss, damage, expense, claim, suite, action or proceeding is the result of Transporter's gross negligence, or willful misconduct, provided that Transporter shall be responsible for direct damages, if any, resulting from Transporter's own negligence. 3. Transporter shall have no obligations to market any capacity to be released by a Releasing Shipper. Transporter, however, may agree to market capacity for a Releasing Shipper and may negotiate a fee with the Releasing Shipper for such service. 7.22.7. Term 1. Any release under this section shall be for a minimum term of at least one Gas day. 2. Any release under this section shall be for a maximum term expiring on the earlier of : a) The last date this Tariff provision shall be effective; b) The expiration date of Releasing Shipper's FT Agreement when the release is for the full term of such agreement, or c) The expiration date specified by the Releasing Shipper in the Shipper Notice. 7.22.8. Billing Adjustment to Releasing Shipper 1. Transporter shall credit Releasing Shipper's monthly bill to reflect the Reservation Charge invoiced to Replacement Shipper, provided however, that in connection with a release of a volumetric rate, or a negotiated rate with no reservation charge, Transporter shall credit Shipper's monthly bill with the amounts invoiced to the Replacement Shipper, less any amounts attributable to variable costs, which Transporter shall retain; and, provided further, that notwithstanding any other provision of this Tariff, Transporter and Shipper may agree upon a payment obligation, sharing arrangement, or crediting mechanism that varies from or is in addition to the provisions of this section. 2. If Replacement Shipper fails to pay all or any part of the Reservation Charge so credited within thirty (30) days of its due date, then such unpaid amount plus interest will be