Horizon Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 10/01/2002, Docket: RP02-415-000, Status: Effective

First Revised Sheet No. 179 First Revised Sheet No. 179 : Effective

Superseding: Original Sheet No. 179

 

GENERAL TERMS AND CONDITIONS

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15.9 AWARDING OF RELEASED CAPACITY; EFFECTIVE DATE; GAS

NOMINATIONS

 

(a) For a Prearranged Release for which no open

season is required under Section 15.6 and which is received at

least one (1) hour prior to a nomination deadline on a Day,

Horizon shall award the capacity to the Prearranged Shipper within

one (1) hour after release notification, provided that all

applicable provisions of this Section 15 have been complied with.

 

(b) As to any other Prearranged Release, in the event

there was no winning Qualified Bid(s) with a higher total Bid

Value than the Prearranged Shipper's Bid Value, Horizon shall

notify the Prearranged Shipper. If, during an open season, the

winning Qualified Bid(s) have a higher total Bid Value than the

Bid Value of the Prearranged Release under the bid evaluation

procedure selected by the Releasing Shipper, Horizon shall notify

the Prearranged Shipper of the terms and conditions of the winning

Qualified Bid(s), except for any identification of the Qualified

Bidder(s). The Prearranged Shipper may elect to match any or all

of such winning Qualified Bid(s), but may not elect to match only

a portion of a winning Qualified Bid. Such election shall consist

of the Prearranged Shipper submitting notice to Horizon of its

unconditional agreement to the terms and conditions of one or more

of such winning Qualified Bid(s) in writing or electronic means.

In the event of a timely match, then the Prearranged Shipper shall

be awarded the released capacity. To the extent that the

Prearranged Shipper fails to timely match (within the required

time frame) the winning Qualified Bid(s) with a higher Bid Value,

then the Qualified Bidder(s) who made the winning Qualified Bid

shall be awarded the capacity. The timelines for the above

actions shall be as provided in Section 15.1 of these General

Terms and Conditions.

 

(c) For any other Capacity Release Request, the

capacity rights shall be automatically awarded to the winning

Qualified Bidder(s) when Horizon has identified the entity(s) to

receive the released capacity under this Section 15.