Canyon Creek Compression Company

Third Revised Volume No. 1

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Effective Date: 09/24/2001, Docket: RP01-515-000, Status: Effective

First Revised Sheet No. 155 First Revised Sheet No. 155 : Effective

Superseding: Original Sheet No. 155

GENERAL TERMS AND CONDITIONS

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the next highest Maximum Bid Volume, with the highest volume allocated

thereto, within each remaining combination of Qualified Bid(s) with a

Winning Bid Value; and so forth, until the tie is broken or all

Qualified Bids in the remaining combinations are reviewed.

 

(B) If the above does not break the tie,

identify again the Qualified Bid within each remaining combination

with the highest Maximum Bid Volume and the highest volume allocated

to such Qualified Bid, and identify which such Qualified Bid has the

lowest Minimum Bid Volume. Discard all combinations which do not

contain such Qualified Bid. If this does not break the tie, repeat

the above procedure looking to the next highest Maximum Bid Volume,

with the lowest Minimum Bid Volume, within each remaining combination

of Qualified Bid(s) with the Winning Bid Value; and so forth, until

the tie is broken or all Qualified Bid(s) in the remaining combination

are reviewed.

 

(C) If the above does not break the tie,

identify again the Qualified Bid within each remaining combination

with the highest Maximum Bid Volume. The combination containing such

Qualified Bid that Canyon's Interactive Website shows was submitted

and received earliest by Canyon's Interactive Website (or if Canyon's

Interactive Website is not available and the Qualified Bid was

submitted in writing, the time Canyon received the Qualified Bid)

shall be the winning combination. The next highest Maximum Bid Volume

within each remaining combination shall be used as necessary pursuant

to the above first come, first served rule to break any remaining

ties; and so forth as necessary to break any remaining ties.

 

(4) In no event shall the combination of winning

Qualified Bid(s) result in a total Bid Value less than the highest

possible total Bid Value achievable from a combination of Qualified

Bid(s) consistent with the Qualified Bids, the Capacity Release

Request and this Section 16.

 

(5) The Qualified Bid(s) allocated capacity under

Sections 16.10(c) or 16.10(d) shall be winning Qualified Bid(s) to the

extent of such capacity allocations.

 

(6) Here are examples of the application of Section

16.10(d):