Assignment of Allocated Capacity Sample Clauses

Assignment of Allocated Capacity. Any VTP may assign to any person or entity all or any portion of the capacity allocated to it under this tariff. Within ten days after making an assignment, the VTP shall notify VTransco in writing thereof. 6.
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Assignment of Allocated Capacity. Nothing herein shall prevent or restrict any Incorporating Subdivision from entering into separate agreements with any other Incorporating Subdivision for the purpose of assigning all or a portion of its allocated capacity; provided that no such assignment shall release the assigning Incorporating Subdivision from any obligation or liability under this Agreement. If an Incorporating Subdivision wishes to assign all or a portion of its allocated capacity to another Incorporating Subdivision, it shall be reimbursed by the other Incorporating Subdivision at a rate of not more than $1,000,000 per MGD of capacity permanently assigned plus the accumulated debt paid on the excess capacity assigned by the transferring Incorporating Subdivision, or not more than $100,000 per year per MGD of capacity temporarily assigned plus the accumulated debt paid on the excess capacity assigned by the transferring Incorporating Subdivision.
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