Equitrans, L. P.

Original Volume No. 1

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Effective Date: 09/01/2004, Docket: RP04-203-000, Status: Effective

Second Revised Sheet No. 274 Second Revised Sheet No. 274 : Effective

Superseding: Original Sheet No. 274

GENERAL TERM AND CONDITIONS (Continued)

 

(vii) The requested effective date and the term of the

release;

 

(viii) The reservation rate for the release, expressed in dollars

and cents or as a percent of the maximum tariff rate,

or, if the Releasing Customer elects to release capacity

on a volumetric basis, the volumetric rate expressed in

dollars and cents or as a percent of the maximum

tariff rate. Once the choice is made, by the Releasing

Customer the bids should comport with the choice. The

rates specified by the Releasing Customer should include

the tariff reservation rate and all the demand surcharges,

as a total number or as stated separately. The Releasing

Customer must state any rate equal to the number of

decimal places in the stated rates per Equitrans' Rate

Schedule;

 

(ix) Whether the Releasing Customer is willing to

consider release for a shorter time period, and the

time period that will be considered;

 

(x) Whether the Releasing Customer wants Equitrans to

market its released capacity;

 

(xi) The criteria which Equitrans should apply in

determining the "best bid" and any tie-breaker to be

applied in the event of equal bids. Said criteria must be

objectively stated and non-discriminatory; and

 

(xii) The length of the bidding period desired. The Releasing

Customer will not be able to specify an extension of the

original bidding period or the prearranged deal match

period without posting a new release.

 

A Releasing Customer may withdraw its Notice of Released Capacity

any time prior to the close of the Bidding Period associated with

such notice, where unanticipated circumstances have occurred and

provided that no minimum bid pursuant to Section 22.3(viii) has

been received. The Releasing Customer's notice will be legally

binding on the Releasing Customer until written or electronic

notice of withdrawal is received by Equitrans.

 

22.6 Notice of Prearranged Release. If the Releasing Customer has

a Prearranged Replacement Customer for the released capacity,

it must include in the notice to Equitrans required in Section 22.5