Horizon Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 02/22/2009, Docket: RP09-246-000, Status: Effective

First Revised Sheet No. 171 First Revised Sheet No. 171

Superseding: Original Sheet No. 171

 

GENERAL TERMS AND CONDITIONS

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(2) The fixed reservation charge and/or

volumetric charge the Prearranged Shipper has agreed to pay for the

released capacity;

 

(3) Whether the capacity being released is

subject to recall and/or reput in the Prearranged Release and, if

so, the exact conditions of such recall and/or reput (which

conditions must conform with Sections 15.5 and 15.14); and

 

(4) The proposed effective date of the

Prearranged Release and the proposed term of the Prearranged

Release.

 

(c) Whether the Releasing Shipper will accept

Qualified Bids which are contingent on subsequent events (such as

the purchase of upstream or downstream capacity), and if so, what

events and the last date by which such contingency must be

fulfilled;

 

(d) Whether the Releasing Shipper will accept

Qualified Bids with longer terms or larger volumes, and if so, what

is the maximum volume and the longest term the Releasing Shipper

will accept;

 

(e) Whether the Releasing Shipper wants Horizon to

actively market its capacity rights subject to the Prearranged

Release pursuant to Section 16 of these General Terms and

Conditions;

 

(f) The starting date for and the length of time for

the open season (which must conform to Section 15.7) and the length

of time [consistent with Section 15.9(b)] for the Prearranged

Shipper to be able to match a winning Qualified Bid;

 

(g) Whether the Releasing Shipper will accept

Qualified Bids whose revenues will vary by the volume transported,

and if so, any minimum amount to be billed as a reservation charge

even if there is no flow (or insufficient flow);

 

(h) Which of the bid evaluation procedures set forth

in Section 15.10 the Shipper wishes to use, if any;

 

(i) Whether the Qualified Bids are to specify dollars

and cents and/or percentage of the maximum tariff rate or an index-

based formula as detailed in the Capacity Release Request;