Tennessee Gas Pipeline Company

FIFTH REVISED VOLUME NO. 1

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Effective Date: 02/26/2009, Docket: RP09-282-003, Status: Effective

Fourth Revised Sheet No. 342A Fourth Revised Sheet No. 342A

Superseding: Third Revised Sheet No. 342A

 

GENERAL TERMS AND CONDITIONS (continued)

 

 

(b) Maximum Rate Release: The release is to a Prearranged Bidder for

longer than one (1) year at the maximum rate(s) provided that:

 

(i) the Releasing Shipper provides Transporter with the

information specified in Sections 12.1(a)-(g), (j) and (k)

prior to the commencement of service; and

 

(ii) the Prearranged Bidder enters into a Storage Service

Agreement with Transporter prior to the commencement of

service (1) incorporating the information required by

Section 12.3(b)(i) and (2) establishing creditworthiness

in accord with the same standards and procedures as are

provided for Bidders in Section 12.5(a).

 

(c) Release to 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 12.1(a)-(g), (j) 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 284.8(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 12.1(a)-(g), (j) and (k) and (2) posts that the release

is to a marketer participating in a State-Regulated Retail Access

Program.

 

12.4 Posting of Release Requests

 

(a) Releasing Shipper shall post all applicable information required

by Section 12.1 hereof on Transporter's PASSKEY, which system

will automatically assign an individual release number to such

Release Request. The period of time for Releasing Shipper's

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 12.7.