Nora Transmission Company
First Revised Volume No. 1
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Effective Date: 06/01/1997, Docket: RP97-105-001, Status: Effective
First Revised Sheet No. 144 First Revised Sheet No. 144 : Superseded
Superseding: Original Sheet No. 144
GENERAL TERMS AND CONDITIONS (Continued)
(vii) Any specific release conditions requested by a Releasing
Customer must be operationally feasible and be
nondiscriminatory to other shippers. Bids on capacity
for periods in excess of one month may be contingent on
acquisition of downstream capacity.
(viii) Except as provided in Section 25.7, a bid may be withdrawn
after it is on received by Pipeline on Pipeline's
electronic communications system or via EDI any
time up to the last day of the bidding cycle. Once a bid
from an approved Bidder is accepted by Releasing
Customer, it shall be considered a binding agreement.
Pipeline will post all completed release transactions on
its electronic communications system or via EDI.
(ix) Bids for released capacity may not exceed the maximum
tariff rate for the applicable service set forth in
Pipeline's FERC Gas Tariff, as may be changed from time
(x) Capacity Release timeline set forth in Section 25.7 shall
be applicable to all parties involved in the Capacity
Release process; provided, however, the timeline shall
only be applicable if: 1) all information provided by
the parties to the transaction is valid, 2) the acquiring
Customer has been determined to be creditworthy before
the capacity release bid is tendered, and 3) there are no
special terms or conditions of the release.