Egan Hub Storage, LLC

First Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-77-000, Status: Effective

Third Revised Sheet No. 116 Third Revised Sheet No. 116

Superseding: Second Revised Sheet No. 116

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(d) Releases Not Subject to Bidding

 

(1) A proposed capacity release with a term of thirty-one (31) Days or

less for which Customer has obtained a Prearranged Customer and

Customer elects not to post such proposed capacity releases for

bidding pursuant to Section 4.3, any release to an asset manager (as

defined in Section 284.8(h)(3) of the Commission's regulations), or

any release to a marketer participating in a state-mandated retail

access program (as defined in Section 284.8(h)(4) of the

Commission's regulations) shall not be subject to the competitive

bidding requirements of Section 4.3(c), but shall be subject to all

other provisions of this Section 4. For releases that become

effective on or after July 30, 2008, with the exception of releases

to an asset manager or to a marketer participating in a state-

mandated retail access program, any release with a term that is

greater than thirty-one (31) days must be posted for bidding.

Customer shall notify Egan Hub of such non-biddable release by

providing the information pursuant to Section 4.1, which information

will be posted on the LINK® System as required by Section 4.5.

 

(2) The standard timelines applicable to prearranged capacity releases

that are not subject to the competitive bidding requirements are as

follows:

 

Timely Cycle:

Posting of prearranged deals not subject to bid are due by 10:30

a.m. CCT.

 

Evening Cycle:

Posting of prearranged deals not subject to bid are due by 5:00

p.m. CCT.

 

Intraday 1 Cycle:

Posting of prearranged deals not subject to bid are due by 9:00

a.m. CCT.

 

Intraday 2 Cycle:

Posting of prearranged deals not subject to bid are due by 4:00

p.m. CCT.

 

Prior to the nomination deadline for the chosen cycle for the begin

date specified in the Releasing Customer's offer to release

capacity, the Prearranged Customer must initiate confirmation of

prearranged deals electronically via the LINK® System. Egan Hub

will issue a contract within one hour of notification of the release

(with a new contract number, when applicable).

 

Nominations for Gas flow are possible beginning at the next

available nomination cycle for the effective date of the contract.

Such nominations will be processed in accordance with the nomination

and scheduling requirements of Section 8 of the General Terms and

Conditions; however, in no circumstance will Gas flow prior to the

effective date of the release as specified in Releasing Customer's

offer.

 

(3) Notwithstanding the standard timelines specified in Sections 4.3(a),

4.3(b) an 4.3(c) above, Egan Hub shall support a process to allow

the Releasing Customer and the Prearranged Customer to create and

finalize prearranged non-biddable capacity release transactions to

be effective for a given Gas Day at any time prior to 7:00 a.m. CCT

on the calendar day on which that Gas Day ends.