Dauphin Island Gathering Partners

First Revised Volume No. 1

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Effective Date: 03/16/1999, Docket: CP98- 6-003, Status: Effective

Original Sheet No. 214 Original Sheet No. 214 : Effective

 

 

(b) Releasing Shipper: The Releasing Shipper shall remain fully liable under its

existing Transportation Service Agreement for the payment of all reservation

charges for the contract quantity which has not been released, associated

Surcharges, fixed charges, and direct bills owing to Transporter each month

under the existing Transportation Service Agreement, as well as for services

performed for or penalties incurred by the Releasing Shipper under its

Transportation Service Agreement with respect to any remaining capacity

thereunder.

 

19.6 Offer and Bid Procedures:

 

(a) Offer of Firm Capacity: A Shipper desiring to release firm capacity pursuant to

Section 19.3 shall post on Transporter's EBB, in accordance with timelines in

Section 19.9 utilizing the Form of Capacity Release, a complete offer of firm

capacity (herein called "Offer") except as provided otherwise in Subsection

19.3(d). Offer shall be complete before being posted. Transporter shall accept

only completed offers and shall post Offers including prearranged deals, upon

receipt, unless Releasing Shipper requests otherwise. If a Releasing Shipper

requests a posting time, Transporter shall support such request insofar as it

comports with the standard timeline set forth in Section 19.9. Only posted

Offers shall be available electronically. The Releasing Shipper agrees that its

posted Offer specifically is subject to the following conditions:

 

(i) Offers shall be binding until written or electronic notice of withdrawal

is received by the Transporter. The Releasing Shipper has the right to

withdraw its Offer during the bid period, where unanticipated

circumstances justify and no minimum bid has been made.