Mogas Pipeline LLC (Fomerly Missouri Interstate Gas)

First Revised Volume No. 1

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Effective Date: 06/01/2008, Docket: CP06-407-002, Status: Effective

Original Sheet No. 77 Original Sheet No. 77 : Pending

 

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

21. Capacity Release Program (continued)

 

(b) All terms and conditions in all release requests

must be objectively stated, applicable to all Bidders and non-

discriminatory.

 

(c) The minimum term for release shall be one day and

the maximum term shall be the remaining term of the Releasing

Shipper's transportation service agreement.

 

(d) The maximum rates for any release shall be the

applicable maximum reservation charge and usage charge, as well

as all other applicable rates, charges, and surcharges set forth

in this Tariff, notwithstanding any discount to such rates,

charges or surcharges then in effect for the Releasing Shipper.

 

For less than maximum rate transactions only, converting daily

rate to monthly rate is accomplished by multiplying the daily

rate times number of days in the rate period, dividing the result

by the number of months in the rate period and taking the

remainder out to 5 decimal places and rounding up or down to the

Transporter's specified decimal place. Converting a monthly rate

to a daily rate is accomplished by multiplying the monthly rate

by number of months in the rate period; dividing the result by

the number of days in the rate period and taking the remainder

out to 5 decimal places and rounding up or down to the

Transporter's specified decimal place.

 

(e) (i) All terms and conditions of all releases must

be consistent with the terms and conditions of the Releasing

Shipper's transportation service agreement and with this Tariff,

including the provisions on nominations and scheduling of

transportation and curtailment of service.

 

(ii) Bids are binding until written or electronic

notice of withdrawal is received by Transporter. Offers are

binding until written or electronic notice of withdrawal is

received by Transporter. Bids cannot be withdrawn after the bid

period ends. The releasing party has the right to withdraw its

offer during the bid period, where unanticipated circumstances

justify and no minimum bid has been made.

 

(iii) Transporter will post offers and bids,

including prearranged deals, upon receipt, unless Releasing

Shipper requests otherwise. If a Releasing Shipper requests a

posting time, Transporter will support such request insofar as it

comports with the standard timeline set forth in Section 21.3(d).

 

(iv) Releasing Shipper may not specify an

extension of the original bid period or the pre-arranged deal

match period, without posting a new release.

 

(v) Releasing Shipper may specify dollars and

cents or percents of maximum tariff rate in the denomination of

bids. Once the choice is made by the Releasing Shipper, the bids

should comport with the choice.