Millennium Pipeline Company, L. L. C.
Original Volume No. 1
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Effective Date: 03/01/2009, Docket: RP09-320-000, Status: Effective
First Revised Sheet No. 180 First Revised Sheet No. 180
Superseding: Original Sheet No. 180
GENERAL TERMS AND CONDITIONS
(d) At any time up to the close of the bidding period for the
posted capacity, Releasor may withdraw its posting for release of capacity if
Releasor itself has an unanticipated use for the capacity and no minimum bid
has been made. Such a withdrawal shall be effected by Releasor placing a
notice of withdrawal on Transporter's EBB. Offers will be binding until a
notice of withdrawal is received by Transporter.
Posting of Release Notices on Transporter's EBB shall be complete and
subject to the conditions and exceptions set forth below.
(a) Exempt Transactions. Posting for purposes of inviting bids
shall not be required for (i) pre-packaged arrangements Releasor has arranged
with a designated Replacement Shipper for a period of 31 days or less; (ii)
pre-packaged arrangements for more than one (1) year that Releasor has
arranged with a designated Replacement Shipper, under which the designated
Replacement Shipper agrees to pay the maximum reservation charge and
commodity rate, and applicable surcharges, and meets all requirements set
forth in this Tariff; (iii) pre-packaged arrangements for one (1) year or
less, that Releasor has arranged with a designated Replacement Shipper and
that will take effect more than one (1) year from the date Transporter is
notified of the release, under which the designated Replacement Shipper
agrees to pay the maximum reservation charge and commodity rate, and
applicable surcharges, and meets all requirements set forth in this Tariff;
(iv) releases to an asset manager, as defined in Section 284.8 of the
Commission's regulations; or (v) releases to a marketer participating in a
state-regulated retail access program, as defined in Section 284.8 of the
Commission's regulations (collectively "exempt transactions"). Pre-packaged
arrangements for more than 31 days but less than one (1) year in length,
which are not with an asset manager, or a marketer participating in a state-
regulated retail access program, are not exempt transactions under this
Section 14.2(a). For cross-month releases, the maximum duration for
eligibility as an exempt transaction under part (i) above shall be 31 days.
The rate received by Releasor under pre-packaged arrangements described in
Sections 14.2 (a)(ii) and (iii) above, that are exempt from the ordinary
posting and competitive bidding procedures set forth in this Section 14, must
not exceed the maximum rate.