Tuscarora Gas Transmission Company

First Revised Volume No. 1

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Effective Date: 07/01/2009, Docket: RP09-8-002, Status: Effective

Substitute Original Sheet No. 141 Substitute Original Sheet No. 141

Superseding: Original Sheet No. 141

 

GENERAL TERMS AND CONDITIONS

 

26. CAPACITY RELEASE (Continued)

 

26.4 Release Procedures. (continued)

 

(6) The term of the release identifying the date release is to begin and

terminate. The minimum release term acceptable to Transporter shall

be one day.

 

(7) Whether Option 1, 2, or 3 shall be used to determine the highest

valued bid (see Section 26.5 for a description of bid evaluation

options 1, 2 and 3).

 

(8) Whether the Releasing Shipper requests to waive the creditworthiness

requirements and agrees in such event to remain liable for all

charges, or, whether Releasing Shipper requests that the

creditworthiness provisions of Section 3.5 shall apply.

 

(9) Whether the Releasing Shipper is willing to release such capacity for

a shorter period of time and, if so, the minimum acceptable period of

the release.

 

(10) Any other conditions of the release, including any agency

Arrangements.

 

(11) The minimum rate (percentage of: reservation charge or a volumetric

equivalent of the maximum reservation charge applicable to the Parcel

on a 100% load-factor basis) acceptable to Releasor for this Parcel.

Releasing Shipper also should indicate whether bids will be accepted

on a dollar basis or as a percentage of the Releasing Shipper's as-

billed rate.

 

(12) Reput method and rights should be specified at the time of the deal,

reput method and rights are individually negotiated between the

releasing shipper and replacement shipper.

 

(13) The Business Day on which the Bid Period will expire, if other than

that determined in Section 26.4(b).