ANR Storage Company
Original Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 02/16/2009, Docket: RP09-221-000, Status: Effective
Third Revised Sheet No. 16A Third Revised Sheet No. 16A
Superseding: Second Revised Sheet No. 16A
RATE SCHEDULE FS
FIRM STORAGE
(Continued)
(ii) Matching Rights. A Pre-arranged Replacement Customer
shall have the right of first refusal for a time period
as negotiated by the Releasing Customer and the Pre-
arranged Replacement Customer ("Matching Period"). If no
Matching Period has been negotiated, the Matching Period
will be deemed to be one (1) hour following the time the
Pre-arranged Replacement Customer has been notified of
the winning bid. In the event a bid is received that
more closely meets the criteria specified by the
Releasing Customer, Seller shall provide the Pre-arranged
Replacement Customer an opportunity during the Matching
Period to match or exceed the bid that more closely meets
the criteria specified by the Releasing Customer. No
later than 2:00 p.m. Central Clock Time, the Pre-arranged
Replacement Customer shall receive notification on the
Internet Site of the terms and conditions of the
prevailing bid and shall have the Matching Period to
respond via the Internet Site. No later than 2:30 p.m.
Central Clock Time, the Pre-arranged Replacement Customer
shall post on the Internet Site its match response.
Absent a response, the capacity shall be awarded to the
prevailing bidder no later than 3:00 p.m. Central Clock
Time.
(g) Capacity will be awarded no later than 3:00 p.m. Central
Clock Time. The capacity will be awarded to the Replacement
Customer which otherwise satisfies the requirements of this
Tariff and also meets all of the conditions of the offer to
release capacity. In the case of multiple bid winners, the
highest ranking bid will receive the entire maximum amount of
capacity bid. The next highest ranking bidder will receive
the remainder of the offered capacity provided that the
amount remaining is above the bidder's minimum acceptable
quantity. Any remaining capacity will be given to the next
highest bidder with the same provisions as above. This
process will repeat until either all of the offered capacity
is awarded or the remaining capacity falls below either the
Releasing Customer's minimum quantity or all of the remaining
bidder's acceptable quantities. Seller shall not be required
to contract with parties submitting bids that do not meet the
conditions of the offer to release capacity, however, subject
to approval of Releasing Customer, Seller may accept bids
offering a price or term less than that set forth in the
release. Bids will be evaluated by the criteria provided by
the Releasing Customer. If no criteria are provided by the
Releasing Customer, bids will be accepted in the order of
priority based upon the highest economic value offered by the
competing bids as defined in Section 10 of the General Terms
and Conditions of this Tariff. The ultimate awarding of the
capacity will be posted subsequently on Seller's Internet
Site by 4:00 p.m. Central Clock Time, unless bidder was a
contingent bidder and the contingency did not occur. Seller
will tender a numbered Agreement within one hour to the
winning bidder, and the winning bidder shall enter into an
Agreement with Seller pursuant to Section 7.2, below.