Transwestern Pipeline Company, LLC

Third Revised Volume No. 1

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Effective Date: 10/23/2006, Docket: RP06-604-000, Status: Effective

Second Revised Sheet No. 153 Second Revised Sheet No. 153 : Effective

Superseding: First Revised Sheet No. 153

GENERAL TERMS AND CONDITIONS

(continued)

 

4. To the extent that Transporter receives multiple Turnback Offers and elects to accept at

least one, Transporter will first accept the Turnback Offer that results in the lowest

decrease in the firm transportation revenues to be collected by Transporter. If Transporter

then elects, in its sole discretion, to accept any additional Turnback Offers, Transporter

will next accept the Turnback Offer that results in the second lowest decrease in the firm

transportation revenues to be collected by Transporter, and so on until Transporter

determines that it will accept no further requests. If Transporter receives two or more

Turnback Offers that result in the same impact on the firm transportation revenues to be

collected by Transporter, Transporter shall accept such requests on a pro rata basis.

5. Any requests for capacity turnback that are accepted by Transporter in accordance with

subsection 4 above shall become binding on Shipper upon acceptance by Transporter and shall

be effective only upon the in-service date of the applicable expansion project.

 

E. The information Transporter shall post regarding capacity to be reserved on its website shall

include:

1. a description of the expansion project for which the capacity is being reserved and the

estimated in-service date;

2. the location and quantity of the capacity being reserved;

3. the minimum acceptable bid for the available capacity posted to be reserved. The minimum

acceptable bid shall be the lowest total present value calculated under Section 24.4.D

above in evaluating all expansion precedent agreements or expansion contracts.

 

F. The capacity is reserved for a period beginning no earlier than twelve (12) months prior to the

filing by Transporter of an NGA Section 7 certificate application requesting FERC authorization

for such system expansion and ending upon the in-service date of the expansion.

 

G. Capacity so reserved will remain available on a limited term basis for open access transportation

for any Shipper requesting such capacity during the interim period preceding the in-service date

of the expansion. Transporter reserves the right to limit any extension rights provided in the

Service Agreement and Section 20 herein.

 

H. Any capacity reserved for a proposed expansion that does not go forward, for any reason, shall be

reposted as generally available capacity within thirty (30) days of the date the capacity becomes

available.