Midwestern Gas Transmission Company

SECOND REVISED VOLUME NO. 1

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Effective Date: 06/01/1997, Docket: RP97- 59-002, Status: Effective

First Revised Sheet No. 88 First Revised Sheet No. 88 : Effective

Superseding: Original Sheet No. 88

 

 

GENERAL TERMS AND CONDITIONS

 

(k) the manner in which any refunds in rates and charges ordered by FERC with

respect to the released capacity will be allocated between Releasing Shipper

and Replacement Shipper;

 

(l) whether the Releasing Shipper has made prior arrangements with a person to

release such person such transportation rights ("Prearranged Bidder"). In

such event, the Releasing Shipper additionally shall submit:

 

I) the identity of the Prearranged Bidder;

 

ii) the term, Release Quantity and reservation and/or usage rates and all

other applicable rates, charges and surcharges to which the

Prearranged Bidder has agreed;

 

iii) a statement that the Prearranged Bidder has agreed unconditionally to

accept the transportation rights on the terms prescribed in the

Release Request; and

 

iv) evidence that the Prearranged Bidder meets the creditworthiness

requirement of Section 5(a), unless the Releasing Shipper requests

Transporter to waive the application of such requirement for the

Prearranged Bidder and for other Bidders on a non-discriminatory basis

and provides Transporter with a guarantee satisfactory to Transporter

of all financial obligations of the Replacement Shipper under its

Released Transportation Service Agreement prior to commencement of

service to the Replacement Shipper.

 

(m) whether the Releasing Shipper will accept bids for several packages of

capacity that in combination total the amount of capacity offered for

release;

 

(n) whether or not the Releasing Shipper will require the Replacement Shipper to

indemnify the Releasing Shipper against claims arising from the release;

 

(o) posting, matching or bidding periods for the release within the guidelines

set forth in Section 8 of this Article XXI;

 

(p) any other conditions of the release including (i) whether Releasing Shipper

will require Replacement Shipper to execute a contract with the Releasing

Shipper to execute a contract with the Releasing Shipper with respect to the

released transportation capacity, a copy of which shall be provided by

Releasing Shipper to Transporter upon request; ii) date when Releasing

Shipper would like bidded releases posted for bidding.