Cheniere Creole Trail Pipeline, L.P.

Original Volume No. 1

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Effective Date: 03/09/2009, Docket: RP09-353-000, Status: Effective

First Revised Sheet No. 172 First Revised Sheet No. 172

Superseding: Original Sheet No. 172

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(c) The requested primary receipt point(s) and the primary

delivery point(s) and the quantity separately stated , for

each such point;

 

(d) The rate bid on a reservation charge basis between the

minimum and maximum Reservation Charge (including any

applicable reservation type surcharges). In the event the

Releasing Shipper has allowed a volumetric release, the bids

may be converted into a volumetric charge. The maximum rate

for such volumetric releases is the maximum applicable

reservation charge set forth on the currently effective

Sheet No 5, plus all applicable reservation surcharges;

 

(e) Any other conditions necessary to meet the terms of the

Release Notice; and

 

(f) The minimum amount of prorated capacity that the bidder will

accept, if prorating is necessary.

 

(g) Whether the release will be to an asset manager, as defined

in Section 284.8(h)(3) of the Commission’s Regulations, and,

if so, the asset manager’s obligation to deliver gas to, or

purchase gas from, the releasing shipper, the volumetric

level of the obligation and the time period(s) such

obligation will be in effect.

 

(h) Whether the release will be to a marketer participating in a

state regulated retail access program, as defined in Section

284.8(h)(4) of the Commission’s Regulations.

 

4. Withdrawal of Bids; Binding Nature of Bids

 

A party may submit only one bid at a time in response to a Release

Notice. All bids will be binding until written or electronic notice

of withdrawal is received by Transporter. A bid may be withdrawn at

any time prior to the close of the bidding period; provided however,

the same party may not submit a lower bid. Once a bidder has

withdrawn its bid, the bidder may only submit a new bid for such

released capacity at a higher rate. Bids cannot be withdrawn after

the bid period ends. At the close of the bidding period, any bids

received by Transporter shall be deemed to be a binding offer by the

prospective Replacement Shipper to acquire capacity pursuant to the

terms of the bid.