Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 01/21/2008, Docket: RP08-135-001, Status: Effective
Substitute Third Revised Sheet No. 186 Substitute Third Revised Sheet No. 186 : Pending
Superseding: Second Revised Sheet No. 186
GENERAL TERMS AND CONDITIONS
15. TERMINATION OF SERVICE/RIGHT OF FIRST REFUSAL (Continued)
existing firm capacity holder shall have thirty (30) days from the date the
agreement is tendered to execute and return the Service Agreement to MRT in
the same format in which it was tendered. If the existing firm capacity
holder declines to match the best bid(s) or fails to respond within the time
period specified herein, MRT shall notify the bidder(s) that made the best
bid(s) of the availability of the firm capacity, and shall tender a firm
Service Agreement to that bidder(s).
15.8 If no bona fide bid(s) for the available capacity is received
which are acceptable to MRT, the existing capacity holder that elected to
exercise its right of first refusal may retain its capacity if MRT and the
existing capacity holder agree on the rate to be charged.
15.9 Customers with discounted firm transportation or storage Service
Agreements for terms of one year or more that are within the primary term or a
roll-over term on March 26, 2000 shall retain any rights to continue service
under this Section 15 to which such Customers were entitled prior to such
date, and may exercise such rights during the primary term of such Service
Agreements unless and until MRT and Customer otherwise agree to amend the
Service Agreement or extend the term of such Service Agreement.
15.10 Prior to the expiration of the term of an existing firm Service
Agreement and prior to notification of a firm capacity holder's desire to
exercise its right of first refusal, if applicable, MRT and the firm capacity
holder may mutually agree to renegotiate the terms of such agreement in
exchange for the Customer's agreement to extend, or extend and modify, the
Service Agreement with respect to all or part of the underlying capacity on a
case-by-case basis in a not unduly discriminatory manner.