Markwest New Mexico, L. L. C.
Second Revised Volume No. 1
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Effective Date: 08/01/2008, Docket: RP08-409-000, Status: Effective
Original Sheet No. 141 Original Sheet No. 141 (f) Bids shall be binding until written or electronic notice of withdrawal is received by Transporter. Bids cannot be withdrawn after the bid period ends. (g) In the event that a winning bid has an unacceptable contingency, and Transporter is not notified through the Web Site that such contingency has been removed within the time period specified in the Shipper Notice, such contingent bid will be rejected by Transporter. (h) The Releasing Shipper may define in the Shipper Notice the criteria for determining the best bid. If the Releasing Shipper does not specify the criteria, Transporter shall use the highest economic value to determine the best bid. If there are multiple bids meeting the minimum conditions, Transporter shall award the bids, best bid first, until all offered capacity is awarded. Transporter will notify, through the Web Site by 2:00 p.m. CCT following the end of the posting period, or by 3:00 p.m. CCT if a matching period is applicable, the PRS or Replacement Shipper that capacity has been awarded. Transporter shall allow re-releases on the same terms and basis as the primary release (except as prohibited by the Commission's regulations). (i) Transporter will post the winning bids and Replacement Shippers' identity on the Web Site for at least five Business Days. 20.5 Rights and Obligations of Releasing Shipper (a) Regardless of the amount of capacity Releasing Shipper releases under this Section 20, Releasing Shipper shall remain liable for the Reservation Charges attributable to the released capacity unless otherwise agreed to in writing and in advance by Transporter. In the event of a permanent release, Transporter may, and will not unreasonably refuse to, waive liability of Releasing Shipper for the Reservation Charges.