Texas Gas Transmission, LLC

Third Revised Volume No. 1

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Effective Date: 03/01/2009, Docket: RP09-304-000, Status: Effective

First Revised Sheet No. 2809 First Revised Sheet No. 2809

Superseding: Original Sheet No. 2809

 

GENERAL TERMS AND CONDITIONS

Section 16

(Cont'd)

 

 

(xiii) Offers and bids, including prearranged deals, will be posted upon

receipt. A Releasing Customer may request a later posting time for

pooling of such offer, and Pipeline shall support such request

insofar as it comports with the standard timelines set forth in

Section 16.4 (c) and (d);

 

(xiv) Capacity Release ID Number (to be provided by Pipeline);

 

(xv) Name, address and telephone number of Releasing Customer

(optional);

 

(xvi) Date and Time Posted on Internet Website (to be provided by

Pipeline);

 

(xvii) whether a capacity release is a release to an Asset Manager as

defined in 18 C.F.R. Section 284.8(h)(3) ("Asset Manager") and the

Asset Manager's obligation to deliver gas to, or purchase gas from,

the Releasing Customer;

 

(xviii) whether a capacity release is a release to a Retail Access Marketer

as defined in 18 C.F.R. Section 284.8(h)(4) ("Retail Access

Marketer"); and

 

(xix) any other information necessary to describe the capacity release

transaction in accordance with the NAESB Capacity Release Dataset.

 

(b) Posting and Withdrawal of Capacity Release Notices

 

(i) Releasing Customers must comply with the time periods for posting

releases to Pipeline's Internet Website as stated below:

 

For short-term releases (less than 1 year):

Offers must be tendered by 12:00 p.m. (Central Clock Time) on a

Business Day.

 

For long-term releases (1 year or more):

Offers must be tendered by 12:00 p.m. (Central Clock Time) four

Business Days before award.

 

(ii) Releasing Customers may withdraw an offer to release capacity

before the expiration of the bidding deadline when necessary to

respond to unanticipated circumstances and no minimum bid has been

made. Releasing Customers cannot withdraw a capacity release notice

because it is dissatisfied with the bids received, if those bids

meet or exceed the minimum conditions specified in the notice. The

Capacity Release Notice will be legally binding on the Releasing

Customer until written or EDM notice of withdrawal is received by

the Pipeline.

 

(iii) Releasing Customers may also withdraw a capacity release notice and

post a new capacity release notice when necessary to respond to a

term in a bid that was not addressed or anticipated in the original

capacity release notice or when no bids are submitted which meet

the minimum terms of the capacity release notice and the Releasing

Customer wishes to re-post its offer to release using different

minimum conditions. Such re-posting of capacity releases will be

subject to a new bidding period, to be indicated by the Releasing

Customer in the new capacity release notice.