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

(Continued)

 

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

following conditions:

 

(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