Central New York Oil And Gas Company, LLC
Original Volume No. 1
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Effective Date: 02/06/2006, Docket: RP06-171-000, Status: Effective
Original Sheet No.75B Original Sheet No.75B : Effective
GENERAL TERMS AND CONDITIONS (continued)
two (2) Business Days after the close of
the bids, to match the highest competing
bid in order to retain the capacity. If
the Customer elects not to match the
highest competing bid, the capacity
shall be awarded to the competing
Customer whose acceptable bid produced
the highest NPV. All awards of
Expansion Capacity under this Section
2.2 shall require the winning bidder to
execute a binding precedent agreement
for the capacity within two (2) Business
Days after the award. Seller shall post
the material terms and conditions of
such precedent agreement on its website
at the time it posts notice of the Pre-
arranged Service and requests bids for
the affected Expansion Capacity.
(d) Creditworthiness. Customers with Pre-
arranged Service and Customers who execute
precedent agreements as the result of an
award of Expansion Capacity under this
Section 2.2 shall satisfy the
creditworthiness requirements included in
their precedent agreement with Seller.
2.3 Form of Request for Storage Service
(a) Each request, to be considered as an
acceptable and valid request, must furnish
the applicable portion of that information
set forth below. The "Central New York Oil
And Gas Company, LLC Service Request Form" is
set forth in this FERC Gas Tariff and may be
changed from time to time and reissued by
Seller.
(b) Requestor's Identification: Name, address,
representative, telephone number of party requesting
service.