National Fuel Gas Supply Corporation
Fourth Revised Volume No. 1
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Effective Date: 09/30/2006, Docket: RP06-291-004, Status: Effective
Sub. Original Sheet No. 370A Sub. Original Sheet No. 370A : Pending
GENERAL TERMS AND CONDITIONS
11. PREGRANTED ABANDONMENT AND RIGHT OF FIRST REFUSAL (Cont'd.)
reduction among primary receipt and delivery points, Shipper shall
retain the same primary receipt and delivery points with a
proportionate reduction at each point.
If Shipper notifies Transporter that it is exercising its ROFR with
respect to Shipper's entire contract quantity, Transporter shall
provide a written confirmation thereof to Shipper within ten (10)
Business Days, and the Shipper's service agreement shall be deemed
to be amended in accordance with the terms of the Best Bid(s) so
matched by Shipper as of the date of Transporter's written
confirmation. If Shipper notifies Transporter that it is
exercising its ROFR with respect to a quantitative portion of
Shipper's contract quantity, or that it is matching a quantitative
portion of the capacity bid upon, Transporter shall send Shipper an
executable service agreement in the Form of Service Agreement set
forth in this tariff, reflecting the reduction of Shipper's
contract quantity and the allocation of that reduction among
receipt and delivery points. Shipper must execute and return this
service agreement to Transporter within ten (10) Business Days
after it is tendered by Transporter. Shipper's failure to abide in
a timely manner with this requirement shall constitute an
irrevocable waiver of its ROFR.
11.7 Absence of Acceptable Bids
In the event Transporter does not receive any bids pursuant to
Section 11.4 or Transporter rejects all bids received due to the
fact that such bids were premised on rate discount levels or rate
discount periods unacceptable to Transporter, Transporter shall
notify Shipper to such effect, and Shipper shall be entitled to
retain all or a quantitative portion of its capacity and continue
to receive service at the applicable maximum rate for a term
specified by Shipper, or Transporter and Shipper may mutually agree
upon the terms and conditions under which Shipper shall be entitled
to retain all or a quantitative portion of its capacity and
continue to receive service, at a rate between the minimum and
maximum negotiated by Transporter and Shipper. If Shipper retains
only a quantitative portion of its capacity, its rights shall be
reduced in accordance with Section 11.6 above. In either of the
events that Shipper has not elected to retain all or a quantitative
portion of its capacity as provided above or that Transporter and
Shipper have not reached agreement on the terms and conditions
under which service will be extended for Shipper before