Gas Transmission Northwest Corp.

Third Revised Volume No. 1-A

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Effective Date: 01/01/2007, Docket: RP06-407-000, Status: Effective

Fourth Revised Sheet No. 213 Fourth Revised Sheet No. 213 : Effective

Superseding: Third Revised Sheet No. 213

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

33. RIGHT OF FIRST REFUSAL UPON TERMINATION OF FIRM SHIPPER'S

SERVICE AGREEMENT (Continued)

 

33.4 (Continued)

 

However, if during this 20-day period the original capacity holder

agrees to pay the maximum authorized rate, the original capacity

holder may determine the term it desires and GTN must extend the

original capacity holder's contract accordingly. However, in

order to retain the right of first refusal, the original capacity

holder must extend its contract at the maximum authorized rate for

a term of at least one year.

 

33.5 Shippers who terminate their service agreements are not liable for

any reservation charges or other charges applicable to the new

Shipper contracting for this capacity.

 

33.6 Only valid bids will be accepted. In order for a bid to be

considered valid, a bidder must be deemed creditworthy per

Paragraph 18.3 of these Transportation General Terms and

Conditions by the close of the bid period. All bids not withdrawn

prior to the close of the bid period shall be binding. At the end

of the bid period, GTN will evaluate the bids and determine the

bid(s) having the greatest economic value as determined in

Paragraph 18.1(e). Bidders may submit valid bids for all or a

portion of the capacity that is subject to a right of first

refusal provided that the original contract path is maintained.

 

33.7 Right of first refusal rights held by Shipper continue to apply

following an election of termination pursuant to existing

evergreen language contained in Shipper's Firm Transportation

Service Agreement. A Shipper that holds evergreen rights in

addition to a right of first refusal under a Firm Transportation

Service Agreement must first elect termination under the evergreen

provision in order to initiate the right of first refusal process.

When either GTN or Shipper elects termination under an evergreen

provision, GTN shall not be obligated to continue Shipper's

evergreen rights on a contract extended through the right of first

refusal process. Shippers may exercise their right of first

refusal rights consistent with this Paragraph 33.

 

33.8 When a right of first refusal process has been completed and there

has been no award of capacity, the capacity will be offered

pursuant to Transportation General Terms and Conditions Section

18.1(c), which governs GTN's sale of generally available capacity

where there is no shipper with right of first refusal rights.

(Continued)