Kentucky West Virginia Gas Company

Third Revised Volume No. 1

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Effective Date: 06/01/1997, Docket: RP97-104-001, Status: Effective

First Revised Sheet No. 146 First Revised Sheet No. 146 : Superseded

Superseding: Original Sheet No. 146

GENERAL TERMS AND CONDITIONS (Continued)

 

(viii) Whether the Releasing Customer is willing to consider

release for a shorter time period, and the time period

that will be considered;

 

(ix) Whether the Releasing Customer is willing to consider

releasing capacity at a rate lower than the maximum rate

for the applicable service;

 

(x) Whether the Releasing Customer wants Pipeline to market

its released capacity;

 

(xi) The criteria which Pipeline should apply in determining

the "best bid" and any tie-breaker to be applied in the

event of equal bids. Said criteria must be objectively

stated and non-discriminatory; and

 

(xii) The length of the bidding period desired. The Releasing

Customer will not be able to specify an extension of the

original bidding period or the prearranged deal match

period without posting a new release.

 

A Releasing Customer may withdraw its Notice of Released Capacity

any time prior to the close of the Bidding Period associated with

such notice, where unanticipated circumstances have occurred and

provided that no minimum bid pursuant to Section 25.3(x) has

been received. The Releasing Customer's notice will be legally

binding on the Releasing Customer until written or electronic

notice of withdrawal is received by Pipeline.

 

25.5 Notice of Prearranged Release

 

If the Releasing Customer has a Prearranged Replacement

Customer for the released capacity, it must include in the

notice required in Section 25.4 the existence of a Prearranged

Replacement Customer, the terms of the prearranged deal

and whether the Prearranged Replacement Customer is

an affiliate of the Releasing Customer. If the

prearranged release is for a term of thirty-one (31) days

or less, the information required under Section 25.4 (viii)-

(xii) may be omitted.