Cheniere Creole Trail Pipeline, L.P.
Original Volume No. 1
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Effective Date: 04/28/2008, Docket: RP08-137-000, Status: Effective
Original Sheet No. 193 Original Sheet No. 193 : Pending
GENERAL TERMS AND CONDITIONS
(Continued)
3. Bidding.
Potential Shippers may submit one bid for all or any portion of the capacity
and term of service made available by Transporter. A bidder shall submit its
bid electronically through Transporter's Internet Website, specifying the
monthly reservation charge (or other firm or demand charge(s), if applicable,
herein referred to collectively as the "Reservation Charge") it is bidding for
the service. Bidder also shall provide to Transporter a valid request for
service fully complying with Section 22.A herein. The price bid for the
monthly Reservation Charge shall be expressed per dollars per Dth to the
nearest one thousandth of one dollar ($0.000). In addition to the bid price,
bidders shall pay all applicable usage charges, as they may be adjusted from
time to time by Transporter. Transporter shall have the right to reject any
bids, on a non-discriminatory basis, that: (i) are for a rate that is less
than the maximum Reservation Charge as set forth in the currently effective
Rate Sheet No. 5 of this Tariff for service under Transporter's applicable
Rate Schedule FTS; or (ii) include conditions or provisions that impede
Transporter's ability to operate its system in conformity with the provisions
of this Tariff.
4. Prearranged Capacity.
Shippers may request capacity and Transporter may enter into a prearranged
agreement for available unsubscribed capacity or capacity that will become
available under an expiring or terminating agreement; provided that,
Transporter shall post the terms of the prearranged agreement and other
potential Shippers will have an opportunity to bid on the capacity. If other
potential Shipper(s) submit bids with a higher Net Present Value, as
determined pursuant to Section 22.B.6 below, the prearranged Shipper shall
have a one-time right to match the highest bid in order to be awarded the
capacity. If the prearranged Shipper elects not to match a higher competing
bid, the capacity will be awarded to the bidder with the highest bid, provided
such bidder is deemed creditworthy in accordance with Section 17 of the
General Terms and Conditions.