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.