American Midstream (AlaTenn), LLC

Fifth Revised Volume No. 1

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Effective Date: 05/01/2010, Docket: RP10-493-000, Status: Effective

Original Sheet No. 145 Original Sheet No. 145

 

GENERAL TERMS AND CONDITIONS (continued)

 

Transporter receives any bids for such capacity during the Bidding Period the

Right of First

Refusal

provisions set forth in Section 3.14(d)(i) below shall apply.

 

 

i) Within one Business Day after the close of the Bidding Period, Transporter

shall present the

existing

Customer any offer(s) received during the Bidding Period and, in the event of

more than one

offer

received, such offer which reflects the highest present value as computed in

accordance with

Section

3.13 of the General Terms and Conditions. Upon receipt of the offer information,

the existing

Customer

shall have the Right of First Refusal consisting of twenty-five (25) Business Days

to match such

offer(s). In any event, prior to the commencement of service the successful

Bidder: (1) shall

enter into

a Released Transportation Contract for such capacity in the form included

beginning at Tariff

Sheet No.

322 which shall incorporate among other things all the terms of the successful bid,

(2) shall

submit to

Transporter, in accord with Section 3.1(f) of the applicable Rate Schedule of

Transporter's Tariff,

a

check in an amount equal to the lesser of $10,000 or the total reservation charges

under its

Transportation Service Contract applicable to the released service for the lesser

of a three

Month period

or the term of the