Westgas Interstate, Inc.

First Revised Volume No. 1

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Effective Date: 03/06/2009, Docket: RP09-342-000, Status: Effective

Third Revised Sheet No. 75 Third Revised Sheet No. 75

Superseding: Second Revised Sheet No. 75

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

23. CAPACITY RELEASE PROGRAM (Continued)

 

23.9 BIDS FOR RELEASED CAPACITY - (Continued)

 

(c) Any bid received by Transporter during the

open season shall be binding on the Bidding

Shipper if not withdrawn prior to the close of the

open season. If a Bidding Shipper withdraws a bid

as provided herein, that Bidding Shipper shall not

be entitled to resubmit a bid during the open

season unless the bid offers the same or higher

rate than that offered in the original bid. Bids

for released capacity shall be binding until

written notice of withdrawal is received by

Transporter

 

(d) A Bidding Shipper may not bid a reservation

charge less than the minimum reservation charge

nor more than the maximum reservation charge

specified by this Volume No. 1 Tariff as in effect

from time to time (except the maximum rate ceiling

does not apply to capacity release transactions of

one year or less if the release is to take effect

on or before one year from the date Transporter

receives notice of the release in accordance with

Section 23.4), nor may the volume or the term of

the release of such bid exceed the maximum volume

or term specified by the Releasing Shipper

 

(e) If any bid contains conditions, such

conditions must either be satisfied or removed

prior to the close of the specified bid period.

If the contingency is not satisfied or removed by

the end of the bid period, the bid will be deemed

to be a non-qualifying bid.

 

(f) The Releasing Shipper has the right to

withdraw its offer during the bid period, where

unanticipated circumstances justify and no minimum

bid has been made. Offers for released capacity

shall be binding until written notice of withdrawal

is received by Transporter.