Midwestern Gas Transmission Company

SECOND REVISED VOLUME NO. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 05/01/2000, Docket: RP00-233-000, Status: Effective

Third Revised Sheet No. 92 Third Revised Sheet No. 92 : Superseded

Superseding: Second Revised Sheet No. 92

 

 

GENERAL TERMS AND CONDITIONS

 

 

(c) Replacement Shipper shall post all applicable information required by

Section 2 on PASSKEY. Such requests shall remain posted for a period

of four weeks or until a transaction is effected, whichever is shorter.

 

(d) Transporter makes no representation or warranty to any party concerning

the accuracy or completeness of any posted information or concerning

the willingness or ability of any Releasing Shipper to release

transportation rights hereunder or of any Replacement Shipper to accept

transportation rights hereunder. Transporter shall not be liable to

any party for any damages, of any nature whatsoever, including without

limitation any special, incidental or consequential damages, or any

other kind that may arise in connection with the posting of information

hereunder, except as provided in the System License Agreement or the

Trading Partner Agreement entered into between Transporter and each

user of PASSKEY.

 

5. Bidding for Transportation Rights

 

a) Persons that desire to bid on released transportation rights must pre-

qualify with Transporter by entering into a Released Transportation

Service Agreement with Transporter and by demonstrating

creditworthiness, in the same manner and subject to the same standards

and procedures as required for firm shippers under Article XXV of these

General Terms and Conditions including the prepayment for service

required under Article XXV, Section 2. The creditworthiness

requirement shall be continuing in nature in the same manner and to the

same extent as prescribed for firm shippers under Article XXV of these

General Terms and Conditions. Transporter will waive the

creditworthiness requirement on a non-discriminatory basis for Bidders

on a Release Request, and permit them to submit Bids, if the Releasing

Shipper provides Transporter with a guarantee satisfactory to

Transporter of all financial obligations of the Replacement Shipper

under its Released Transportation Service Agreement prior to the

commencement of service to the Replacement Shipper.

 

b) Bidders prequalified pursuant to Section 5(a) may submit Bids during

the Bidding Period applicable to a Release Request. All bids must be

submitted via PASSKEY. In transmitting a Bid, Bidders recognize that

such Bids will be accessible by other Bidders through PASSKEY; provided

that PASSKEY will be programmed such that upon submission, all bids

will be assigned a bid number and the identity of the Bidder will not

be revealed during the Bidding Period.