Centerpoint Energy - Mississippi River

Third Revised Volume No. 1

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Effective Date: 02/25/2009, Docket: RP09-262-000, Status: Effective

Third Revised Sheet No. 177 Third Revised Sheet No. 177

Superseding: Second Revised Sheet No. 177

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

14. CAPACITY RELEASE (Continued)

 

(b) The Releasing Customer shall be solely responsible for the

transfer of title for any gas in storage that the Releasing Customer

desires to make to any Replacement Customer. Any in-field gas transfer

shall be subject to the terms and conditions of Rate Schedule FSS, and

MRT shall in no respect be liable as a result of any dispute involving

such in-field gas transfers. If the Releasing Customer proposes to

require, or requires, a transfer-in-place of part or all of its gas in

storage in conjunction with its release of firm storage rights (whether

at the commencement and/or termination of such release), it shall so

specify in its offer of release and such transfer(s) shall be

implemented contemporaneously with the release and/or termination

thereof, as applicable.

 

14.13 Other Terms and Conditions

 

(a) MRT reserves the right to review any and all postings made

to its Internet web site and to reject or remove any such postings that

do not comply with the terms and conditions of this Section. MRT will

notify the affected parties of the rejection or removal of any postings

not in compliance with this Section.

 

(b) MRT shall in no respect be liable to Releasing Customers or

Approved Bidders for errors or omissions in their postings, except as a

result of MRT's negligence.

 

14.14 Marketing Fees

 

If MRT and any Releasing Customer agree, MRT will actively market

a Releasing Customer's capacity for the agreed upon consideration. Such

agreement shall be in writing, and shall be entered into at MRT's

option.

 

14.15 MRT's Right to Terminate a Temporary Release.

 

MRT may elect to terminate a temporary Replacement Capacity

Agreement(s) upon no less than thirty (30) days' written or electronic

notice, under the following conditions:

 

(a) (i) The Releasing Customer has failed to make payment when

due under any or all of its Service Agreement(s)

and/or has failed to maintain solvency or demonstrate

creditworthiness (or provide assurance of payments) in

accordance with the provisions of this tariff; and