Young Gas Storage Company, Ltd.
Original Volume No. 1
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Effective Date: 08/01/2010, Docket: RP10-921-000, Status: Effective
Third Revised Sheet No. 82 Third Revised Sheet No. 82
Superseding: Second Revised Sheet No. 82
GENERAL TERMS AND CONDITIONS
(Continued)
9.11 Bids for Released Capacity Subject to Open Season. A bid may be
submitted to Transporter by a Bidding Shipper at any time during the
open season via Transporter's electronic bulletin board. The Bidding
Shipper (or prearranged Shipper) must have met the creditworthiness
provisions of Transporter's Tariff pursuant to Section 9.4 hereof.
(a) Each bid for released capacity must include the following:
(i) Bidding Shipper's legal name and the name and telephone
number of the individual responsible for authorizing
the bid;
(ii) the term of the proposed acquisition;
(iii) the maximum Reservation Rates expressed as a daily rate
or percentage of the maximum Reservation Rates, as
appropriate, or maximum volumetric rate (either dollars
or percent, as appropriate) Bidding Shipper is willing
to pay for the released capacity;
(iv) the capacity desired, including MDWQ, MDIQ, and MAC, as
defined herein;
(v) whether or not the Bidding Shipper is an affiliate of
the Releasing Shipper or an affiliate of Transporter;
(vi) for prearranged releases, whether or not the Bidding
Shipper is an asset manager or a marketer participating
in a state-regulated retail access program, as defined
by FERC regulations at 18 C.F.R. 284.8;
(vii) any other information requested in notice of release
posted on Transporter's electronic bulletin board;
(viii) whether or not Bidding Shipper will meet all other
terms of release (if there are any); and
(ix) the time and date the bid was submitted to Transporter
for posting on Transporter's electronic bulletin board.