Central New York Oil And Gas Company, LLC
Original Volume No. 1
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Effective Date: 10/01/2002, Docket: RP02-480-000, Status: Effective
Second Revised Sheet No. 17 Second Revised Sheet No. 17 : Effective
Superseding: First Revised Sheet No. 17
RATE SCHEDULE FSS (continued)
(3) the duration of release or term
including any right to recall;
(4) the terms and conditions of any recall
rights;
(5) whether the release is on a permanent or
temporary basis;
(6) the length of time the offer to release
should be posted for bidding on Seller's
Internet website;
(7) whether there are any reput rights;
(8) any other conditions or contingencies of
the offer to release, including
nondiscriminatory provisions necessary
to evaluate bids; and the tie breaking
criteria, provided, however, that bid
evaluations will be limited to highest
rate, net revenue and present value;
(9) the legal name of the Replacement
Customer that is designated in any
Pre-Arranged Release ("Designated
Replacement Customer");
(10) the bid evaluation method; and
(11) for volumetric releases, any minimum
volumetric commitment.
(b) Seller's creditworthiness standards shall
apply to any potential Replacement Customer
and Releasing Customer shall not establish
its own creditworthiness standards for
bidding customer.
(c) Releasing Customer may withdraw any existing offer to
release, if a valid and acceptable bid has not been
received. Releasing Customer shall be subject to the
provisions of Section 8 of this Rate Schedule prior to the
commencement of the Agreement with Replacement Customer.
Releasing Customer has