MidContinent Express Pipeline LLC
Original Volume No. 1
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Effective Date: 04/10/2009, Docket: RP09-136-000, Status: Effective
Original Sheet No. 203 Original Sheet No. 203
GENERAL TERMS AND CONDITIONS
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(3) Whether the capacity being released is
subject to recall and/or reput in the Prearranged Release and, if so,
the exact conditions of such recall and/or reput (which conditions
must conform with Sections 14.5 and 14.14); and
(4) The proposed effective date of the
Prearranged Release and the proposed term of the Prearranged Release.
(c) Whether the Releasing Shipper will accept
Qualified Bids which are contingent on subsequent events (such as the
purchase of upstream or downstream capacity), and if so, what events
and the last date by which such contingency must be fulfilled;
(d) Whether the Releasing Shipper will accept
Qualified Bids with longer terms or larger volumes, and if so, what
is the maximum volume and the longest term the Releasing Shipper will
accept;
(e) Whether the Releasing Shipper wants MEP to
actively market its capacity rights subject to the Prearranged
Release pursuant to Section 15 of these General Terms and Conditions;
(f) The starting date for and the length of time for
the open season (which must conform to Section 14.7) and the length
of time [consistent with Section 14.9(b)] for the Prearranged Shipper
to be able to match a winning Qualified Bid;
(g) Whether the Releasing Shipper will accept
Qualified Bids whose revenues will vary by the volume transported,
and if so, any minimum amount to be billed as a reservation charge
even if there is no flow (or insufficient flow);
(h) Which of the bid evaluation procedures set forth
in Section 14.10 the Shipper wishes to use, if any;
(i) Whether the Qualified Bids are to specify dollars
and cents and/or percentage of the maximum tariff rate or an index-
based formula as detailed in the Capacity Release Request;
(j) Under a release of storage capacity, whether the
capacity being released is subject to certain conditions on the sale
and/or repurchase of gas in storage inventory and on there being a
certain amount of gas left in storage at the end of the release and
if so, any such conditions;