Tennessee Gas Pipeline Company
FIFTH REVISED VOLUME NO. 1
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Effective Date: 08/01/2009, Docket: RP09-737-000, Status: Effective
Eleventh Revised Sheet No. 329 Eleventh Revised Sheet No. 329
Superseding: Substitute Tenth Revised Sheet No. 329
GENERAL TERMS AND CONDITIONS (continued)
(c) Release to an Asset Manager: The release is to an Asset Manager
as defined in 18 C.F.R. Section 284.8(h)(3) of the Federal
Energy Regulatory Commission's ("FERC's") regulations ("Asset
Manager") provided that prior to the commencement of service
the Releasing Shipper (1) provides Transporter with the
information specified in Section 11.1(a)-(f), and (k) and (2)
posts:
(i) The release is to an Asset Manager; and
(ii) The obligation of the Asset Manager to deliver gas to,
or purchase gas from the Releasing Shipper including the
volumetric level of the obligation and the time periods
the obligation is in effect.
(d) Release to a Marketer in a State-Regulated Retail Access
Program: The release is to a Marketer in a State-Regulated
Retail Access Program as defined in 18 C.F.R. Section
248.8(h)(4) of the FERC's regulations ("State-Regulated Retail
Access Program") provided that prior to the commencement of
service the Releasing Shipper (1) provides Transporter with the
information specified in Section 11.1(a)-(f), and (1) and (2)
posts that the release is to a marketer participating in a
State-Regulated Retail Access Program.
11.4 Posting of Release Requests and Replacement Shipper Requests
(a) Releasing Shipper shall post all applicable information
required by Section 11.1 on PASSKEY, which system will
automatically assign an individual release number to such
Release Request. The period of time for posting of the
information ("Posting Period"), and the period of time during
which bids will be received on such Release Request ("Bidding
Period"), shall be as set forth in Section 11.7.
(b) NAESB Standard 5.3.14 (Version 1.8) states: Offers should be
binding until written or electronic notice of withdrawal is
received by the capacity release service provider. Further,
NAESB Standard 5.3.16 (Version 1.8) states: 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.
(c) Replacement Shipper shall post all applicable information
required by Section 11.2 on PASSKEY. Such requests shall
remain posted for a period of four weeks or until a transaction
is effected, which ever is shorter.
(d) Transporter makes no representation or warranty to any party
concerning the accuracy or completeness of any posted information
or concerning the willingness or ability of any Releasing Shipper
to release transportation rights hereunder or of any Replacement
Shipper to accept transportation rights hereunder. Transporter
shall not be liable to any party for any damages, of any nature
whatsoever, including without limitation any special, incidental
or consequential damages, or any other kind that may arise in
connection with the posting of information hereunder, except as
provided in the System License Agreement or the Trading Partner
Agreement entered into between Transporter and each user of
PASSKEY.