East Tennessee Natural Gas, LLC

Third Revised Volume No. 1

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Effective Date: 01/01/2009, Docket: RP09-76-001, Status: Effective

Substitute Fourth Revised Sheet No. 350 Substitute Fourth Revised Sheet No. 350

Superseding: Fourth Revised Sheet No. 350

 

GENERAL TERMS AND CONDITIONS (Continued)

 

17.11 Releases Permitted Without Prior Posting - A Releasing Shipper may elect

to release some or all of its transportation rights without prior

competitive bidding if its proposed release qualifies under this Section

17.11.

 

(a) Short-Term Release Election - Prior posting on the LINK® System

and competitive bidding will not be required if:

 

(i) the term of the proposed capacity release for which

Releasing Shipper has obtained a Prearranged Shipper is

thirty-one (31) Days or less, and Releasing Shipper elects

not to post such proposed capacity release for bidding; and

 

(ii) [Reserved for Future Use}

 

(iii) When a release of capacity for a period of thirty-one (31)

days or less is not subject to the bidding requirements

under this Section 17.11(a), a Releasing Shipper may not

rollover, extend, or in any way continue the capacity

release to the same Replacement Shipper which utilizes the

same capacity or overlaps such capacity using the thirty-one

(31) day or less bidding exemption described in Section

17.11(a)(i) above until twenty-eight (28) days after the

first release period has ended. The twenty-eight (28) day

hiatus does not apply to any re-release to the same

Replacement Shipper that is posted for bidding or that

qualifies for any of the other exemptions from bidding

described in this Section 17.11.

 

(b) Maximum Rate Pre-arranged Bidder: Prior posting on the LINK®

System and competitive bidding will not be required if a

Prearranged Bidder has agreed to Transporter's maximum applicable

rate stated in the Release Request and the term of the proposed

capacity release is more than one (1) Year, provided that:

 

(i) the Releasing Shipper provides Transporter with the

information specified in Section 17.2 (a), (b), (c), (d),

(e), (f), (k), (m), (n), (p), (q), (r), (s), (t), (u), (v)

and (w).

 

(ii) [Reserved for Future Use]