Iroquois Gas Transmission System, L.P.
FIRST REVISED VOLUME NO. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 11/16/1997, Docket: RP98- 18-000, Status: Effective
First Revised Sheet No. 109 First Revised Sheet No. 109 : Effective
Superseding: ORIGINAL SHEET NO. 109
shall mean any Shipper that submits a bid pursuant to Section
29.6 (d) for all or a portion of the capacity to be made
available upon termination of a Long-Term Gas Transportation
Contract for Firm Reserved Service pursuant to this Section
Election shall mean the notice that an Existing Shipper
provides Transporter, as prescribed in Section 29.6 (b), that
the Existing shipper intends to exercise its right of first
refusal upon termination of its Long-Term Gas Transportation
Contract for Firm Reserved Service.
shall mean the notification of a bid that an Offering Shipper
submits to Transporter, as prescribed in Section 29.6 (d), for
all or a portion of the capacity available as a result of
termination of a Long-Term Gas Transportation Contract for
Firm Reserved Service.
that Transporter determines, on a nondiscriminatory, objective
basis, is the best bid, as prescribed in Section 29.6 (h),
that Offering Shippers have offered for capacity available
under the terminating Long-Term Gas Transportation Contract
for Firm Reserved Service. If a bid is received for a
Negotiated Rate or Negotiated Rate Formula pursuant to Section
32 of these General Terms and Conditions, the value of the bid
shall be determined in accordance with the provisions of
Section 32 of the General Terms and Conditions and shall in no
event exceed the Recourse Rate.
shall mean the Best Bid that Transporter accepts and presents
to an Existing Shipper for the Existing Shipper to match under
the Bid Matching Procedures prescribed in Section 29.6(j).
Transportation Contracts for Firm Reserved Service and Gas
Transportation Contracts for Interruptible Service. Upon the
expiration of the contractual term of a Short-Term Gas
Transportation Contract for Firm Reserved Service or any Gas
Transportation Contract for Interruptible Service, Transporter
has pregranted authority to abandon service under the Contract
and Transporter shall have no further obligation to render
service under the Contract pursuant to Section 7(b) of the