Maritimes & Northeast Pipeline, L.L.C.

First Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 01/01/2009, Docket: RP09-73-001, Status: Effective

Sub Fifth Revised Sheet No. 250 Sub Fifth Revised Sheet No. 250

Superseding: Fifth Revised Sheet No. 250

 

GENERAL TERMS AND CONDITIONS

(continued)

 

9. CAPACITY RELEASE (continued)

 

9.3 Posting Requirements and Bid Periods. The Capacity Release timeline is

applicable to all parties involved in the Capacity Release process;

however, it is only applicable if (1) all information provided by the

parties to the transaction is valid and the Replacement Customer has been

determined to be creditworthy before the capacity release bid is tendered

and (2) there are no special terms or conditions of the release.

Pipeline shall post offers and bids, including prearranged deals, upon

receipt; provided, however, offers and bids must be complete before

posting. Only posted offers and bids will be available electronically.

If a Releasing Customer requests a later posting time, Pipeline shall

support such request insofar as it comports with the standard timeline

set forth in this Section 9.3(a). Any Releasing Customer's completed

Notice will be posted on the LINK® System and by electronic data

interchange until the expiration of the Bid Period, except for those

Releasing Customers' Notices for capacity releases identified in Section

9.4(a) below that are not subject to competitive bidding, which shall not

be subject to bidding but shall be posted on Pipeline's Internet Web site

as soon as possible, but not later than the first nomination, after the

release transaction commences. All terms and conditions of completed

capacity release transactions will be posted on the LINK® System,

including the names of the Releasing Customers involved in the capacity

release transaction; however, Pipeline shall not post any minimum

conditions that Customer has elected not to disclose.

 

(a) Capacity Releases Subject to Bidding. The proposed duration of the

Customer's release determines the minimum Bid Period for the Releasing

Customer's Notice pursuant to this Section 9. These Bid Periods are

as follows: