Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 09/01/2005, Docket: RP05-419-000, Status: Effective

Second Revised Sheet No. 140B Second Revised Sheet No. 140B : Effective

Superseding: First Revised Sheet No. 140B

GENERAL TERMS AND CONDITIONS

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(3) For prearranged releases not requiring bidding

under this Section 16.

 

(i) Posting of prearranged deals not

subject to bid by one (1) hour prior to a nomination cycle deadline

on any Day; and

 

(ii) Releasing Firm Transportation Agreement

tendered with contract number one (1) hour after release

notification, nomination possible for the next nomination cycle

which is consistent with Section 16.9(d) hereof (nomination is not

contingent on a contract being issued or executed so long as the

Replacement Shipper has preapproved credit).

 

(d) (1) Canyon will not award capacity release offers

to a Shipper until and unless the Shipper meets Canyon's

creditworthiness requirements applicable to all services that it

receives from Canyon, including the service represented by the

capacity release.

 

(2) Canyon shall provide the original Releasing

Shipper with Internet E-mail notification reasonably proximate in

time with any of the following formal notices given by Canyon to the

Releasing Shipper's Replacement Shipper(s), of the following:

 

(i) Notice to the Replacement Shipper

regarding the Replacement Shipper's past due, deficiency, or default

status pursuant to Canyon's tariff;

 

(ii) Notice to the Replacement Shipper

regarding the Replacement Shipper's suspension of service notice;

 

(iii) Notice to the Replacement Shipper

regarding the Replacement Shipper's contract termination notice due

to default or credit-related issues; and

 

(iv) Notice to the Replacement Shipper that

the Replacement Shipper(s) is no longer creditworthy and has not

provided credit alternative(s) pursuant to Canyon's tariff.