Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 07/01/2003, Docket: RP03-439-000, Status: Effective

Second Revised Sheet No. 179 Second Revised Sheet No. 179 : Effective

Superseding: First Revised Sheet No. 179

 

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

 

(9) The legal name of the Replacement Shipper that

is designated in any pre-arranged release

("Pre-arranged Replacement Shipper").

 

(10) Whether the capacity is to be released on a

recallable basis, and, if so, (i) the terms and

conditions of such recall, including whether it

is recallable on a full day or a partial day

basis, (ii) whether the Releasing Shipper's

recall notification must be provided

exclusively on a Business Day, (iii) which

recall notification period(s), as identified in

Section 26.1(d) above, will be available for

use by the parties, and (iv) whether the

Releasing Shipper is authorized to Reput the

release if and when it notifies Transporter

that the recall is no longer in effect; or

whether the capacity is to be released on a

permanent basis.

 

(11) Whether the capacity to be released is

contingent on the release of other capacity, or

on certain terms and conditions, and if so, the

capacity, terms and/or conditions upon which

the release is contingent.

 

(12) The terms and conditions under which Releasing

Shipper will accept contingent bids, including

bids that are contingent upon the Replacement

Shipper acquiring transportation on a pipeline

interconnected to Transporter, the method for

evaluating contingent bids, what level of proof

is required by the contingent bidder to

demonstrate that the contingency did not occur,

and for what time period the next highest

bidder will be obligated to acquire the

capacity if the next winning contingent bidder

declines the release.