Southeast Supply Header, LLC

Original Volume No. 1

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Effective Date: 09/04/2008, Docket: CP07-44-005, Status: Effective

Original Sheet No. 302 Original Sheet No. 302

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

25. CAPACITY RELEASE PROVISIONS (continued)

 

25.1 Procedure. (continued)

 

(f) Bidding Period. Releasing Shipper may specify the date and

time that the Bidding Period starts and the date that the

Bidding Period ends, provided, however, that the Bidding

Period shall not commence or end any later than the times

set forth in Section 25.1(g) below. Releasing Shipper's

offer shall be posted for the Bidding Period; provided,

however, that the Releasing Shipper will have the right to

withdraw its Releasing Shipper's Notice any time prior to

the close of the Bid Period associated with such Releasing

Shipper's Notice where unanticipated circumstances justify

the withdrawal and no bids meeting the minimum conditions

of Releasing Shipper's Notice have been made.

 

Offers should be legally binding until written or

electronic notice of withdrawal is received by Transporter.

Transporter should post offers and bids, including

prearranged deals, upon receipt. A Releasing Shipper may

request a later posting time for posting of such offer, and

Transporter should support such request insofar as it

comports with the standard Capacity Release timeline

specified in Section 25.1(g) below. Releasing Shipper

shall not be allowed to specify an extension of the

original bid period or the prearranged deal match period

without posting a new release.