Central New York Oil And Gas Company, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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