Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 04/01/2003, Docket: RP00-410-003, Status: Effective

Third Revised Sheet No. 163 Third Revised Sheet No. 163 : Effective

Superseding: Second Revised Sheet No. 163

GENERAL TERMS AND CONDITIONS

(Continued)

 

14. CAPACITY RELEASE (Continued)

 

(j) The term "Pre-Arranged Replacement Customer" shall mean a

person or entity who has entered into a Pre-Arranged Release with a

Releasing Customer for firm capacity rights.

 

(k) The term "Present Value" shall have the same meaning as unit

bid value calculated as set forth in Section 14.7(c) below.

 

(l) The term "Qualifying Bid" shall mean an offer from an

Approved Bidder to take assignment of capacity pursuant to a Release

Offer that meets the minimum terms and conditions of the Release Offer

and the terms and conditions of this tariff.

 

(m) The term "Release Offer" shall mean the information required

by Section 14.3 herein provided by a Releasing Customer that desires to

assign its Part 284 firm capacity, excluding any capacity certificated

pursuant to Part 157 of the Commission's regulations, to a Replacement

Customer.

 

(n) The term "Releasing Customer" shall mean any Customer

holding firm capacity on MRT's system that desires to release its

capacity on a temporary or permanent basis subject to the terms and

conditions set forth in this Section 14.

 

(o) The term "Replacement Customer" shall mean a Customer

receiving firm capacity rights of a Releasing Customer pursuant to a

Release Offer under this Section 14.

 

(p) The term "Winning Bid" shall mean the Best Bid as determined

by Section 14.7 herein.

 

(q) The term "Winning Bidder" shall mean the Approved Bidder

that submits the Winning Bid or, as applicable, a Pre-Arranged

Replacement Customer who exercises the right to match the Winning Bid

pursuant to Section 14.5(c)(ii) below.

 

14.2 Availability

 

(a) Any Releasing Customer may utilize the procedures set forth

in this Section 14 to offer to release all or any part of its Part 284

firm capacity on a temporary or permanent basis. A Releasing Customer

must utilize MRT's Internet web site for the posting of its Release

Offer for bid as set forth herein or for the transmittal of information

for posting to MRT's Internet web site pursuant to Sections 14.5(c)(i)

and 14.5(d).