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. 96 First Revised Sheet No. 96 : Effective
Superseding: Original Sheet No. 96
GENERAL TERMS AND CONDITIONS
Releasing Shipper's FT-A Agreement to reflect that the Releasing shipper has
released all or a portion of its transportation rights and the terms of such
release. A Replacement Shipper that subsequently obtains additional
transportation rights by successfully bidding on a subsequent Release
Request is not required to execute an additional Released Transportation
Service Agreement; rather, each such additional successful bid shall be the
subject of an additional exhibit (designated sequentially "Exhibit R-2",
"Exhibit R-3", etc.) To be added to such Replacement Shipper's Released
Transportation Service Agreement. Transporter shall prepare all the
Exhibits for Releasing Shippers and Replacement Shippers based on the
information in the applicable Release incorporated in the transportation
service agreement to which it relates and shall thereby amend such agreement
effective upon commencement of service to the Replacement Shipper. Such
Exhibits shall not require execution by the Releasing Shipper or Replacement
Shipper to become effective.
i) Prior to the commencement of service pursuant to any Release Request, the
Replacement Shipper shall submit to Transporter, in accord with Article XXV,
of these General Terms and Conditions, a check in an amount equal to the
lesser of $10,000 or the total reservation charges under its Released
Transportation Service Agreement (or corresponding Exhibit) applicable to
the released service for a three month period; provided that if the released
is for less than a three month period; provided that if the release is for
less than a three month period and the total reservation charge for the
release is less than $10,000, then the prepayment required will be equal to
the total reservation charges for the released services.
7. Failure of Bidder to Honor Winning Bid
In the event a Bidder is successful but does not accept the capacity attained by
such successful bid (provided that nonacceptance is not excused by a prestated
contingency), then such Bidder shall forfeit the prepayment required under Section
6(f) and shall be barred from bidding for released capacity for a one-year period.