Southern LNG Inc.
Original Volume No. 1
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Effective Date: 12/01/2001, Docket: CP99-582-004, Status: Effective
Original Sheet No. 83 Original Sheet No. 83 : Effective
GENERAL TERMS AND CONDITIONS
If the Releasing Customer allows contingent bids to be submitted, each bidder
submitting a valid, contingent bid must notify Southern LNG, by the deadline set forth
in the applicable Appendix D timetable unless the Releasing Customer specified another
deadline pursuant to the foregoing procedures, that the contingency has been removed
and that the bid is to remain eligible for processing.
(b) Offer of Capacity:
Pursuant to the applicable schedule established in Section 16.6(a) above, a Customer
desiring to release capacity shall post on SoNet, on the standard form provided by
Southern LNG on SoNet, an offer of capacity (Offer), except as provided otherwise in
Section 16.3(c) above. Southern LNG shall date and time stamp all offers as they are
received and shall post each Offer if it is complete, unless the Releasing Customer
specifies a delayed time and date for its Offer to be posted. In that event, Southern
LNG shall post the Offer at the time specified by the Releasing Customer, provided
that such time does not conflict with the deadlines set forth in Appendix D.
The Releasing Customer agrees that its posted Offer specifically is subject to the
(1) If two or more Releasing Customers wish to combine Offers of capacity into
one Offer, then the capacity must be released for the same term, and each
Releasing Customer must appoint in writing or through SoNet to Southern LNG,
prior to the posting of such an Offer, the same agent for purposes of
submitting a joint Offer.
(2) A Releasing Customer offering to release capacity may not inject LNG into
that portion of its MSQ unless and until it is determined that the Releasing
Customer will retain that capacity. Rather than complying with this
restriction, the Releasing Customer may condition its release of capacity on
the bidder's agreeing to buy the quantity of