ANR Storage Company
Original Volume No. 1
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Effective Date: 02/16/2009, Docket: RP09-221-000, Status: Effective
Sixth Revised Sheet No. 15 Sixth Revised Sheet No. 15
Superseding: Fifth Revised Sheet No. 15
RATE SCHEDULE FS
(5) whether the release is on a permanent or temporary basis;
(6) the length of time the offer to release should be posted for
bidding on Seller's Internet Site;
(7) whether there are any reput rights;
(8) and any other conditions or contingencies of the offer to release,
including nondiscriminatory provisions necessary to evaluate bids and
the tie breaking criteria, provided, however, that bid evaluations will
be limited to highest rate, net revenue and present value;
(9) the legal name of the Replacement Customer that is designated in
any Pre-arranged Release ("Designated Replacement Customer"); and
(10) the bid evaluation method; and
(11) Volumetric Release - any minimum volumetric commitment.
(12) An indication of whether the Pre-arranged capacity release is to an
asset manager as described in Subsection 7.1(f), and the asset
manager's obligation as to volumetric level and effective time
period(s) to deliver gas to, or purchase gas from the Releasing
(13) An indication of whether the Pre-arranged capacity release is to a
marketer participating in a state-regulated retail access program
as described in Subsection 7.1(f).
(b) Seller's creditworthiness standards shall apply to any potential
Replacement Customer and Releasing Customer shall not establish its own
creditworthiness standards for bidding customer.
(c) Releasing Customer may withdraw any existing offer to release, if a
valid bid has not been received. Releasing Customer shall be subject to
the provisions of Section 8, below, prior to the commencement of the
Agreement with Replacement Customer. Releasing Customer may withdraw its
offer to release any time prior to the close of the bidding period via
the Internet Site or EDM, where unanticipated circumstances justify such
withdrawal or when no bid has been received which meets the Releasing
Customer's minimum conditions. Releasing Customer shall have the option
to accept contingent bids which extend beyond the close of the bidding
period. Releasing Customer cannot extend the original bid period or the
pre-arranged deal Matching Period without posting a new release.
Rerelease of Released Capacity shall be allowed on the same terms and
basis as the primary release (except for volumetric releases which may
not be rereleased).
(d) CAPACITY RELEASE TIMELINE. The Capacity Release Timeline is applicable
to all parties of the Capacity Release process; however it is only
applicable if: (1) all information provided by parties to the
transaction is valid and Replacement Customer has been determined to be
credit worthy before the capacity release bid is tendered and (2)
release contains no special terms or conditions of the release.