American Midstream (Midla), LLC

Sixth Revised Volume No. 1

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Effective Date: 05/01/2010, Docket: RP10-483-000, Status: Effective

Original Sheet No. 135 Original Sheet No. 135

 

(b) Following the posting of information pursuant to Paragraph 7.4(a), Potential

Customers may submit bids for the capacity that shall become available pursuant to

Paragraph 7.3. A Potential Customer may submit a bid on Pipeline's Interactive Internet

Website; provided, however, that in order to be considered a bona fide bid, such Potential

Customer must submit a bid in writing and such bid must be executed by a party

authorized to sign contractual agreements on behalf of Potential Customer within three

Days of submitting such bid on the Interactive Internet Website. In order to be

considered a bona fide bid, Potential Customer must satisfy all Pipeline tariff provisions

governing Customer eligibility, including Pipeline's credit requirements as set forth in

Section 26 of Pipeline's General Terms and Conditions, and must submit to Pipeline a

prepayment equal to one (1) Month's reservation charge based on Potential Customer's

bid. Such prepayment shall be refunded within thirty (30) Days to all Potential Customers

that do not submit the "Best Bid" as set forth in Paragraph 7.4(c). Pipeline may reject all

bids below the maximum rate for the applicable service.

 

(c) Bids from Potential Customers who desire, in whole or in part, the capacity to be

made available upon the termination of the long-term firm Service Agreement must be

received by Pipeline no later than thirty (30) Days before the effective date of the

termination of the Service Agreement noticed pursuant to Paragraph 7.3(b) hereof. At

the close of the bidding period, Pipeline shall select from among