Ozark Gas Transmission, L. L. C.

First Revised Volume No. 1

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Effective Date: 11/16/2009, Docket: RP09-1040-000, Status: Effective

First Revised Sheet No. 137 First Revised Sheet No. 137

Superseding: Original Sheet No. 137

 

GENERAL TERMS AND CONDITIONS (continued)

 

14.3 Transporter will select the best bid(s) by the applicable time set

forth in the Capacity Release Timeline in Section 14.1(b)

according to the best bid methodology selected by the Releasing

Shipper. In the event the Releasing Shipper identifies a

Prearranged Shipper for a capacity release with a term greater

than one year, and the Prearranged Shipper agrees to pay the

applicable maximum rate for releases to which a maximum rate

ceiling applies, and agrees to comply with all the conditions of

the release, the notice and bidding procedures of this Section

shall not apply and Transporter will award the capacity to the

Prearranged Shipper. If the Prearranged Shipper has not so

agreed, and if the best bid(s) exceed(s) the bid agreed upon by

the Prearranged Shipper, Transporter will notify the Prearranged

Shipper by the applicable time set forth in the Capacity Release

Timeline that it must notify Transporter that it intends to match

the best bid(s) by the applicable time set forth in the Capacity

Release Timeline. If the Prearranged Shipper provides such timely

notice, Transporter shall tender to the Prearranged Shipper an

addendum to the Capacity Release Umbrella Agreement, a Form of

Service Agreement of which is contained in this FERC Gas Tariff,

that sets forth the details of the capacity release transaction.

If the Prearranged Shipper does not provide such timely notice,

Transporter will award the capacity to the bidder(s) who submitted

the best bid(s), best bid first, until all offered capacity is

awarded, and shall tender an addendum to the Capacity Release

Umbrella Agreement to each bidder to whom capacity has been

awarded. Bids and offers will be binding until written or

electronic notice of withdrawal is received.