Liberty Gas Storage, LLC
Original Volume No. 1
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Effective Date: 04/15/2007, Docket: RP07-357-000, Status: Effective
Original Sheet No. 113 Original Sheet No. 113 : Effective
GENERAL TERMS AND CONDITIONS
(d) Releases Not Subject to Bidding. For proposed capacity releases of
a duration 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 and all other terms and conditions
of the release are met, Customer shall notify Liberty by providing the
information pursuant to Section 4.1, which information will be posted on the
Internet Web Site as required by Section 4.5 in accordance with the following
Posting of prearranged deals not subject to bid are due by 10:30 a.m. CCT.
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 Customer notice, the Prearranged Customer must initiate
confirmation of prearranged deals electronically.
Liberty 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. A
Prearranged Customer may not consummate a release with any Customer that
utilizes the same capacity or overlaps such capacity without such release being
subject to the bidding requirement if such Customer has, within the prior
twenty-eight (28) consecutive Days, released capacity to such Prearranged
Customer, which prior release was not subject to the bidding
Liberty shall post offers and bids, including pre-arranged deals, upon receipt,
unless Releasing Customer requests otherwise. If Releasing Customer requests a
posting time, Liberty shall support such request insofar as it comports with
the standard timeline. A Releasing Customer cannot specify an extension of the
original bid period or the pre-arranged deal match period, without posting a