Ozark Gas Transmission, L. L. C.
Original Volume No. 1
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Effective Date: 03/01/2002, Docket: RP02-155-000, Status: Effective
Original Sheet No. 132 Original Sheet No. 132 : Effective
FORM OF FIRM STORAGE SERVICE AGREEMENT (continued)
5.4 Upon receipt of termination notification, and for
a period of sixty (60) Days, Transporter will post
on its Internet Web Site notice of such
termination, and begin offering firm storage
capacity for bid. Shipper will continue to
receive service in accordance with the provisions
of Rate Schedule FSS until service is actually
terminated. If there are bidders for the storage
capacity, Shipper must meet or exceed the value
(as defined by the terms and conditions posted
during notification) of the competing bids if it
desires to retain its capacity under this
Agreement.
If Shipper fails to meet the value of the bid
properly submitted by a competing bidder, then
subject to the competing bidder's satisfaction of
applicable requirements of Transporter's FERC Gas
Tariff, Transporter will provide storage service
to such competing bidder under the terms and
conditions of the offer.
If a competing bidder bids the maximum rate for
only a portion of the storage capacity under
Shipper's Agreement, Shipper need only meet the
competing bid for the amount of storage capacity
to which the bid applies.
In determining which offer has the highest value,
Transporter will post on its Internet Web Site, at
the time of notice of termination of this
Agreement, terms and conditions upon which the
offers will be evaluated. Transporter may request
a third party bidder to post a bond or provide
other security before accepting the bid with the
highest value. Transporter will post on its
Internet Web Site the highest value bid.
ARTICLE 6.
RATES AND CHARGES
6.1 Shipper shall pay Transporter for the service hereunder
in accordance with Transporter's Rate Schedule FSS, the
rates and charges set forth in Exhibit A hereto, and the
General Terms and Conditions of Transporter's FERC Gas
Tariff, all as may be revised from time to time. Such Rate
Schedule FSS and General Terms and Conditions are
incorporated by reference and made a part hereof.