Midwestern Gas Transmission Company
SECOND REVISED VOLUME NO. 1
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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Third Revised Sheet No. 92 Third Revised Sheet No. 92 : Superseded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.