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