Viking Gas Transmission Company

Original Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 52-001, Status: Effective

Original Sheet No. 73 Original Sheet No. 73 : Superseded

 

 

 

GENERAL TERMS AND CONDITIONS (Continued)

 

(i) the Releasing Shipper provides Transporter with the information specified in

Section 1(a), (b), (c), (d), (e) (f), (k) and (m); and

 

(ii) prior to the commencement of service the Prearranged Bidder enters into a

Released Transportation Agreement with Transporter (a) incorporating the

information required by item (i) above and (b) establishing creditworthiness

in accordance with the same standards and procedures as are provided for

Bidders in Section 5(a).

 

Releasing Shipper will post the terms of a release under this Section 4(b) on

Transporter's EBB no later than 48 hours after the commencement of release.

 

4. Posting of Release Requests and Replacement Shipper Requests

 

a) Releasing Shipper shall post all applicable information required by Section 1 on

Transporter's EBB, which system will automatically assign an individual release

number to such Release Request. The period of time for 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 8.

 

b) Releasing Shipper may withdraw its Release Request up to the close of the

applicable Bidding Period; provided, however, withdrawal will not be allowed if a

valid bid(s) meeting the Releasing Shipper's minimum requirements has been

submitted unless such Releasing Shipper can demonstrate a valid basis for such

withdrawal which does not work to unduly discriminate against Bidders.

 

c) Replacement Shipper shall post all applicable information required by Section 2 on

Transporter's EBB. Such requests shall remain posted for a period of four weeks or

until a transaction is effected, whichever is the shorter period.

 

d) Transporter makes no representation or warranty to any party concerning the

accuracy or completeness of any posted information or concerning the willingness or

ability of any Releasing Shipper to release transportation rights hereunder or of

any Replacement Shipper to accept transportation rights hereunder. Transporter

shall not be liable to any party for any damages, of any nature whatsoever,

including without limitation any special, incidental, or consequential damages or

any other kind that may arise in connection with the posting of information

hereunder, except that resulting from the negligence, bad faith, fraud or willful

misconduct of Transporter.