Horizon Pipeline Company, L.L.C.

Original Volume No. 1

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Effective Date: 04/18/2002, Docket: CP00-129-001, Status: Effective

Original Sheet No. 185 Original Sheet No. 185 : Effective

 

GENERAL TERMS AND CONDITIONS

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EXAMPLE (2) The assumptions remain the same as in Example (1),

except that we assume that Bid (c) has a Minimum Bid Volume of

85,000.

 

Winning Qualified Bids: Again, there is only one combination of

bids with the Winning Bid Value. Therefore, Bid (c) receives its

Maximum Bid Volume (85,000) plus Bid (a) receives 15,000.

 

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EXAMPLE (3) The assumptions remain the same as in Example (1),

except that we assume that Bid (a) has a Minimum Bid Volume of

20,000 and Bid (c) has a Minimum Bid Volume of 85,000.

 

Winning Qualified Bids: Again, there is only one combination of

bids with the Winning Bid Value. Therefore, Bids (b) and (c) each

receive their Maximum Bid Volumes. This combination leaves 5,000

unallocated, which stays with the Releasing Shipper.

 

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