Gulfstream Natural Gas System, L.L.C.

Original Volume No. 1

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Effective Date: 05/21/2002, Docket: CP00- 6-004, Status: Effective

Original Sheet No. 183 Original Sheet No. 183 : Effective

 

 

 

GENERAL TERMS AND CONDITIONS

(CONTINUED)

 

 

(j) Matching Rights. A Prearranged Replacement Shipper

shall have matching rights for a period of forty-five

(45) minutes following the time the Prearranged

Replacement Shipper has been notified of the winning

bid ("Matching Period"). In the event a higher bid is

received, Transporter shall provide the Prearranged

Replacement Shipper an opportunity during the Matching

Period to match such higher bid. No later than 3:15

p.m. of the Day prior to the Day nominations are due,

the Prearranged Replacement Shipper shall be notified

via 1LineSM of the terms and conditions of the higher

bid, and shall have the Matching Period to respond via

1LineSM. Absent a response from the Prearranged

Replacement Shipper by 4:00 p.m. of the Day prior to

the Day nominations are due, the capacity shall be

awarded to the higher Bidding Shipper no later than

5:00 p.m. of the Day prior to the Day nominations are

due.