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.