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
21. Capacity Release Program (continued)
(b) All terms and conditions in all release requests
must be objectively stated, applicable to all Bidders and non-
(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 Bids cannot be withdrawn after the bid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.