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

(Continued)

 

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.