Southeast Supply Header, LLC

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

Original Sheet No. 331 Original Sheet No. 331

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

26. PROCEDURES FOR CONTRACTING FOR AND ABANDONMENT OF SERVICE (continued)

 

26.7 Allocation of Available Firm Capacity (continued)

 

(d) All requests received during an open season remain binding

on the requesting party through the end of the open season,

unless withdrawn by the requesting party prior to the close

of the open season; provided, however, a requesting party

may withdraw its previous request and submit a request with

a higher net present value during the open season, but

neither the requesting party nor an affiliate thereof may

submit a request with a lower net present value during the

open season. At the end of the open season, all requests

either withdrawn or not accepted shall be deemed null and

void. If the winning bid is submitted by the requesting

party and the requesting party has complied with the

requirements of Sections 26 and 27 of these General Terms

and Conditions, such winning bid shall be binding on the

requesting party and an Agreement shall be executed pursuant

to the requirements of Section 26 of these General Terms and

Conditions; in the event Shipper does not execute the

Agreement as required by Section 26, Shipper shall

nonetheless be bound by the terms of its winning bid and the

provisions of such Agreement as though it had been fully

executed. In the event the winning bidder is not the

requesting party, Transporter shall automatically create a

request for service on behalf of the winning bidder, and the

winning bidder shall be required to comply with the

provisions of Section 26; if the winning bidder does not

execute the Agreement as required by Section 26.4, such

winning bidder shall nonetheless be bound by the terms of

its winning bid and the provisions of such Agreement as

though it had been fully executed. If Transporter is unable

to approve the winning bidder's request for service, the

capacity shall be awarded to the party that submits the next

highest bid for the posted capacity, subject to the

requirements of Sections 26 and 27 of these General Terms

and Conditions, unless, within one (1) Business Day of

notification of the award of capacity, such party provides

Transporter with written notification that it rejects such

award.