Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-307-000, Status: Effective

Fifth Revised Sheet No. 58M Fifth Revised Sheet No. 58M

Superseding: Fourth Revised Sheet No. 58M

 

GENERAL TERMS AND CONDITIONS (continued)

 

 

(c) Pursuant to Section 284.8(b)(2) of the Commission's regulations, for releases with a term of one year or less and where the release will take effect within one year of the date on which Transporter was notified of the release, a Bidding

 

(d) Any capacity acquired on a volumetric reservation charge basis may not be re-released.

 

23.9 Awarding of Released Capacity. Released capacity shall be awarded as follows:

 

(a) If a Bidding Shipper submits a bid to acquire the released capacity at the maximum reservation charge(s), or higher if applicable pursuant to Section 23.8(c) hereof, and upon all the terms and conditions specified in the Releasing Shipp

 

(b) If a bid is received that exceeds the minimum but does not conform completely to the reservation charge(s) and all the terms and conditions specified in the Releasing Shipper's notice, then the Acquiring Shipper(s) shall be the Bidding