Natural Gas Pipeline Company Of America

Seventh Revised Volume No. 1

Effective Date: 02/22/2009, Docket: RP09-240-000, Status: Effective

First Revised Sheet No. 426 First Revised Sheet No. 426

Superseding: Original Sheet No. 426

GENERAL TERMS AND CONDITIONS

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include the maximum reservation charge, if applicable, (including

all reservation surcharges) applicable to the capacity subject to

the Capacity Release Request, the beginning and ending time for the

open season and the time the notice was posted. Natural shall post

the Capacity Release Request upon receipt, unless the Releasing

Shipper requests otherwise. If the Releasing Shipper requests a

posting time, Natural will comply with that request as long as it

comports with the deadlines set forth in this Section 19.

(b) An open season shall consist of: (1) a one (1)

hour period on a Business Day between 12:00 p.m. and 1:00 p.m.

Central Clock Time or (2) any number (no fractions) of Business

Days running from 12:00 p.m. Central Clock Time on a Business Day

to 1:00 p.m. Central Clock Time on the following Business Day, as

requested by the Releasing Shipper in its Capacity Release Request;

provided, however, that any Capacity Release Request for a period

of one (1) year or longer must have an open season of at least

three (3) Business Days, for a period at least running from 12:00

p.m. Central Clock Time on a Business Day to 1:00 p.m. Central

Clock Time two (2) Business Days later.

of an open season or the match period for a Prearranged Release.

Rather, the Releasing Shipper must submit a new Capacity Release

Request.

19.8 QUALIFIED BIDS FOR RELEASED CAPACITY RIGHTS

(a) At any time during an open season, a Qualified

Bidder may submit a Qualified Bid via Natural's Interactive Website

(or in writing for posting on Natural's Interactive Website if

Natural's Interactive Website is unavailable for receiving

Qualified Bids) seeking released capacity rights under a Capacity

Release Request. In addition to being prequalified for credit

pursuant to Section 19.15, each Qualified Bid must include the

following:

(1) The Qualified Bidder's legal name, address,

phone number, telefax number, the name and title of the individual

responsible for authorizing the Qualified Bid and identification of

the capacity rights for which the Qualified Bid is made;