Southwest Gas Storage Company
First Revised Volume No. 1
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Effective Date: 03/01/2004, Docket: RP04-146-000, Status: Effective
First Revised Sheet No. 133 First Revised Sheet No. 133 : Effective
Superseding: Original Sheet No. 133
GENERAL TERMS AND CONDITIONS
8. RIGHT OF FIRST REFUSAL (Continued)
(D) Shipper shall respond to Southwest within thirty (30) days
after Southwest's notification whether it will match the
economic value of the offer for the Quantity of Gas Shipper
wishes to retain.
(E) If Shipper agrees to match the economic value of such offer
for the Quantity of Gas Shipper wishes to retain, Shipper
shall execute a new Storage Service Agreement matching the
economic value of the offer within thirty (30) days after
Southwest tenders the Storage Service Agreement to Shipper.
8.3 Southwest shall not be obligated to tender, execute or extend a
Storage Service Agreement for service at any rate less than the
Maximum Rate set forth on the effective Tariff Sheets applicable
to the service requested. It shall be within Southwest's sole
discretion to tender, execute or extend a Storage Service
Agreement at any rate and economic value less than the applicable
Maximum Rate and economic value for the service requested.
8.4 A party desiring to bid on capacity that is subject to a right of
first refusal must first meet all of the requirements for a
request for service set forth in Section 2 herein, including
submission of the applicable payment under Section 2.6 herein.