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

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(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.