Gulf States Transmission Corporation

Original Volume No. 1

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Effective Date: 10/01/2000, Docket: RP00-548-000, Status: Effective

Third Revised Sheet No. 58Q Third Revised Sheet No. 58Q : Effective

Superseding: Second Revised Sheet No. 58Q

 

 

GENERAL TERMS AND CONDITIONS (continued)

 

 

To the extent that capacity is released for the remaining term of the

Releasing Shipper's Service Agreement and the Acquiring Shipper has

agreed to pay the maximum reservation charge(s), or higher if applicable

pursuant to Section 23.8(c) hereof, and reservation surcharge(s) for such

capacity, Releasing Shipper's contract shall be amended so as to relieve

such Shipper of any further liability for payment of the reservation

charge(s) and reservation surcharge(s) applicable to the capacity

released under the Service Agreement.

 

23.11 Notice of Completed Transactions. Within five business days after

capacity has been awarded pursuant to Section 23.9, Transporter shall

post the information identified below regarding each transaction on its

Interactive Internet Website for a period of at least five business days:

 

(a) term;

 

(b) reservation charge(s) as bid;

 

(c) receipt and delivery points;

 

(d) volume in dth;

 

(e) whether the capacity is firm or firm recallable;

 

(f) all conditions, including any minimums, concerning the release;

 

(g) the names of the Releasing Shipper and the Acquiring Shipper; and

 

(h) whether or not the Acquiring Shipper is an affiliate of the

Releasing Shipper or Transporter.

 

23.12 Effective Date of Release and Acquisition. The effective date of the

release by a Releasing Shipper and acquisition by an Acquiring Shipper

shall be on the date so designated by the Releasing Shipper in its offer

to release.

 

23.13 Notice of Offer to Purchase Capacity. In the event a party desires to

purchase capacity on Transporter's System, it may post a notice of offer

to purchase capacity on Transporter's Interactive Internet Website or, if

such party is not currently authorized to access the Interactive Internet

Website and elects to provide Transporter with the information in some

other form, Transporter shall post such offer on its Interactive Internet

Website within 24 hours of receipt of such offer. The offering party may

furnish all data for posting which it deems appropriate but at a minimum

such data shall include the following:

 

(i) offering party's legal name, address, and person to contact for

additional information;

 

(ii) the term of the proposed purchase;