Centerpoint Energy Gas Transmission Company
Sixth Revised Volume No. 1
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Effective Date: 01/01/2010, Docket: RP10-206-000, Status: Effective
Original Sheet No. 445A.01 Original Sheet No. 445A.01
GENERAL TERMS AND CONDITIONS
(continued)
10. ASSIGNMENT AND CURTAILMENT OF CAPACITY (continued)
(iii) All bids received during the bid periods specified
above remain binding unless withdrawn prior to the
close of bidding. If a bid is submitted with a higher
incremental economic value (based on the criteria
described below), then the Pre-arranged Shipper will
have a one-time right to match the higher bid to
retain capacity. If the Pre-arranged Shipper elects
not to match the higher competing bid, the capacity
will be awarded to the highest bidder(s) satisfying
the applicable creditworthiness or security
requirements. The Pre-arranged Service Agreement will
specify that the capacity commitment is subject to the
outcome of the bidding process and, if necessary, the
Pre-arranged Shipper's election to exercise its
matching rights.
(iv) Capacity that is reserved and awarded under the Pre-
arranged Service procedures for capacity described in
(i) above will be made available for interim
transportation services up to the service commencement
date for the Pre-arranged Service Agreement, but
without rights-of-first-refusal, or other term
extension rights, for which the transactions might
otherwise be eligible under this Tariff or the
Commission's regulations if, and to the extent that,
such rights would permit the interim Shipper to extend
its service beyond the service commencement date of the
Pre-arranged Service Agreement ("Interim Service").