Midwest Gas Storage, Inc.
First Revised Volume No. 1
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Effective Date: 05/15/1994, Docket: CP90-454-004, Status: Effective
Original Sheet No. 110 Original Sheet No. 110 : Effective
$10,000 or the aggregate reservation
charges which would be due for two months
of released service.
8.5 REPLACEMENT SHIPPERS FOUND BY RELEASING SHIPPER:
Releasing Shipper shall have the right to designate a
Replacement Shipper ("Designated Replacement Shipper")
for all or part of the released capacity provided that
such Designated Replacement Shipper satisfies the
terms of this Tariff. The Designated Replacement
Shipper shall have a one-time right-of-first-refusal,
exercisable upon the close of the bidding, to match or
exceed any other bid for such capacity. In the event
the Designated Replacement Shipper matches the highest
bid as determined in accordance with Section 8.4(d),
neither the Section 8.4(d)(iii) tie-breaker procedure
nor the allocation methodology of Section 8.4(e) of
this Rate Schedule FSS shall apply. In the event a
potential Designated Replacement Shipper agrees to pay
the maximum rate applicable to the released capacity
for the duration of the release and otherwise agrees
to the terms and conditions of the release notice,
then such release shall not be subject to the
competitive bidding procedure and shall be posted for
one Day on Midwest's electronic bulletin board for
informational purposes only.
8.6 EXECUTION OF SERVICE AGREEMENT: Once the provisions of
this Section 8 are satisfied, and as a condition
precedent to receiving service pursuant a capacity
release, Replacement Shipper shall execute a Service
Agreement with Midwest.
8.7 BILLING ADJUSTMENT: Unless capacity is released to a
qualified Replacement Shipper at the maximum rate for
the remainder of the Releasing Shipper's contract
term, the Releasing Shipper shall remain fully
obligated under the terms of Service Agreement with
Midwest during any capacity release except for usage
charges incurred by any Replacement Shipper that has
purchased capacity released by the Releasing Shipper.
Midwest shall credit the invoice of Releasing Shipper
each month for the Deliverability and Capacity charges