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

(Continued)

 

(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.

 

14.2 Posting.

 

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.