Natural Gas Pipeline Company Of America
Seventh Revised Volume No. 1
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Effective Date: 04/18/2008, Docket: RP08-319-000, Status: Effective
Original Sheet No. 288 Original Sheet No. 288 : Pending
GENERAL TERMS AND CONDITIONS
(x) In an Initial Open Season, Natural may post a
prearranged transaction under the basic rate design then in effect on
Natural's system (no Negotiated Rate or Negotiated Rate Formula) and
shall specify a right to match by the prearranged Shipper.
(xi) If contractual rollover rights are to be
available to the winning bidder, or are agreed upon with a prearranged
Shipper, the terms of such contractual rollover shall be included in the
open season posting and such rollover rights shall be available to all
bidders similarly situated.
(xii) Once firm capacity has been subject to an
Initial Open Season, Natural is not required to hold any further Initial
Open Season for that capacity until it again becomes Posted Capacity;
provided, however, that such capacity shall be subject to Shipper-
Initiated Open Seasons under Section 5.1(c)(5).
(2) EARLY OPEN SEASON This section applies to firm
forward haul transmission segment capacity or firm storage capacity which
is not Posted Capacity.
(i) Natural may conduct an Early Open Season or
any Shipper (including the existing capacity holder) may cause Natural to
initiate such an Early Open Season by following the Shipper-Initiated
Open Season procedure.
(ii) An Early Open Season shall not commence until
the firm capacity to be covered by that Early Open Season has been posted
as required pursuant to Section 5.1(e)(8). Any Early Open Season shall
be held at the same time as an Initial Open Season.
(iii) Except for the timing of the open season, an
Early Open Season is subject to the same procedures, limitations, posting
requirements, and minimum posting and bidding periods as an Initial Open
Season, including the posting of prearranged transactions.
(iv) To the extent that the existing Shipper
holding firm capacity included in an Early Open Season has any right of
first refusal, tariff rollover right, contractual rollover right or any
other term extension right in Natural's Tariff or the contract (Extension
Rights), the award of capacity hereunder shall be conditional in that it is
subordinate to and will not impair any Extension Rights of the existing
firm capacity holder.