Southern LNG Inc.
Original Volume No. 1
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Effective Date: 08/01/2009, Docket: RP09-857-000, Status: Effective
Second Revised Sheet No. 82 Second Revised Sheet No. 82
Superseding: Original Sheet No. 82
GENERAL TERMS AND CONDITIONS
The Acquiring Customer shall be obligated to pay Southern LNG the Reservation Charge specified
in the award, plus all surcharges and fuel, applicable to the volumes that Southern LNG
receives or delivers under the Acquiring Customer's Service Agreement. Southern LNG will retain
the charges, surcharges, and fuel it receives from the Acquiring Customer. If any of the
maximum recourse rates billed to and paid by the Acquiring Customer under its Service Agreement
exceed the maximum recourse rate which the Commission determines to be just and reasonable, and
if Southern LNG is ordered to make refunds, then the Acquiring Customer shall be eligible to
receive refunds to the extent of any payments it made in excess of the maximum recourse rates
the Commission subsequently determines to be just and reasonable. For releases that become
effective on or after July 30, 2008, the rate paid by the Acquiring Customer in any capacity
release transaction with a term of one (1) year or less which is not subject to the maximum
rate cap will be deemed to be a final rate and is not subject to refund.
16.6 Offer and Bid Procedures:
(a) Offer/Bid Schedule:
The minimum days and times by which both offers and bids for releases of capacity must
be electronically transmitted to Southern LNG in accordance with the procedures set
forth in Section 16.6(c) and Section 16.6(f) below, as well as other minimum deadlines
required by Southern LNG for successful completion of the bid/offer cycle, are set
forth in Appendix D to these GT&C. The timetables in Appendix D set forth the
deadlines for standard offers to release capacity (i.e., those which contain no
special terms and conditions). Offers which contain special terms and conditions,
including but not limited to contingencies or best bid and tie breaker criteria other
than those set forth in Sections 16.6(h) and (i) below, are deemed to be non-standard
offers and shall require additional evaluation time. Releasing Customer must post its
Offer in sufficient time to allow the release to occur on the date offered, given the
schedule to be applied and any extensions of that schedule allowed by the Releasing
Customer in its Offer.
The Releasing Customer may post its Offer earlier than the day set forth in the
applicable timetable in Appendix D, thereby extending the bid period for such Offer.
If it posts its Offer early, the Releasing Customer may alter the bid deadline and
the deadline for removing contingencies by changing them to an earlier date so long
as the interval between each deadline is no shorter than the intervals set forth in
the applicable timetable in Appendix D.