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.