Tuscarora Gas Transmission Company
Original Volume No. 1
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Effective Date: 11/21/2003, Docket: RP04- 28-000, Status: Effective
First Revised Sheet No. 80 First Revised Sheet No. 80 : Effective
Superseding: Original Sheet No. 80
GENERAL TERMS AND CONDITIONS
27.3 Definitions. For purposes of this Section 27, the following
definitions will apply:
(a) Existing Shipper. The term "Existing Shipper" shall mean the
Shipper for which Transporter provides service under any executed
Transportation Service Agreement subject to this Section 27.
(b) Offering Shipper. The term "Offering Shipper" shall mean any
Shipper that submits a bid pursuant to Section 27.5 for all or a portion
of the capacity to be made available upon termination of the
Transportation Service Agreement pursuant to this Section 27, provided
that the Offering Shipper satisfies the provisions of Transporter's FERC
Gas Tariff applicable to the credit evaluations set forth in Section 3
Of these General Terms and Conditions.
(c) Notice of Election. The term "Notice of Election" shall mean the
notice that an Existing Shipper provides Transporter, as prescribed in
Section 27.5(b), that the Existing Shipper intends to exercise its Right
of First Refusal upon termination of its Transportation Service
Agreement.
(d) Bid Notification. The term "Bid Notification" shall mean the
notification of a bid that an Offering Shipper submits to Transporter,
as prescribed in Section 27.5(d), for all or a portion of the capacity
available as a result of termination of a Transportation Service
Agreement.
(e) Best Bid. The term "Best Bid" shall mean the bid that Transporter
determines, on a nondiscriminatory, objective basis, is the best bid, as
prescribed in Section 27.5(h), that Offering Shippers have offered for
capacity available under the terminating Transportation Service
Agreement.
(f) Competing Offer. The term "Competing Offer" shall mean the Best Bid
that Transporter accepts and presents to an Existing Shipper for the
Existing Shipper to match under the Bid Matching Procedures prescribed
in Section 27.5(i).