Southern LNG Inc.

Original Volume No. 1

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Effective Date: 08/01/2009, Docket: RP09-857-000, Status: Effective

Fourth Revised Sheet No. 85 Fourth Revised Sheet No. 85

Superseding: Second Revised Sheet No. 85

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

(4) whether the release is permanent or temporary;

 

(5) if a temporary release:

 

(A) whether the release is firm or subject to a right of recall;

 

(B) if subject to recall, then the identifiable condition(s) precedent

upon which the recall right will be asserted;

 

(C) if subject to recall, then whether the reservation charge paid by

the Acquiring Customer is to be pro rated for any days on which the

capacity is actually recalled;

 

(D) if subject to recall, then the minimum number of days' notice of

recall that the Releasing Customer will give prior to the nomination

deadline for the effective date of the recall;

 

(E) if subject to recall, whether the release is recallable on a timely,

early evening, evening, Intraday-1 or Intraday-2 recall notification

period (NAESB 5.3.50);

 

(F) if subject to recall, whether the recall notification must be

provided on a business day (NAESB 5.3.51); and

 

(G) whether a Secondary Release may be made by the Acquiring Customer

(NAESB 5.3.19).

 

(6) the amount(s) of capacity, expressed as MSQ, to be released and whether bids

for less than the full volume offered are acceptable and, if so, whether the

Releasing Customer wants the full capacity awarded to multiple qualifying

bidders in the order of best bid;

 

(7) the proposed effective date of the release, term of the release and whether

bids for less than the full term offered are acceptable;

 

(8) whether the offer is subject to a Prearranged Bid and, if so, (i) the name of

and DUNS number for the Prearranged Bidder;

 

(9) any minimum reservation charge (inclusive of reservation surcharges) or

percentage of the maximum reservation charge at which the bids must begin or

whether the bids on the reservation charge (inclusive of reservation

surcharges) should be submitted on a volumetric rate basis or, for releases

that become effective on or after July 30, 2008, any minimum reservation

charge requirement (inclusive of reservation surcharges) which is in excess

of the maximum tariff rate for the applicable service if the term of the

proposed release is one (1) year or less;