Bobcat Gas Storage

Original Volume No. 1

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Effective Date: 10/15/2008, Docket: RP08-608-000, Status: Effective

Original Sheet No. 61 Original Sheet No. 61

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4. CAPACITY RELEASE

 

Any Customer under Rate Schedules FSS may seek to release for assignment

to others any or all of its firm storage service entitlements on:

 

(a) a full Day or an intraday basis,

 

(b) a permanent or a temporary basis, and

 

(c) a firm or recallable basis, subject to the following terms

and conditions:

 

4.1 Notice of Offer. A Customer offering to release firm storage

service entitlements shall notify Bobcat via its Internet Web Site

of the terms of its offer by the posting deadline as determined

pursuant to Section 4.3 of these General Terms and Conditions.

This information will be posted on Bobcat's Internet Web Site.

Customer may propose a pre-arranged designated Replacement

Customer to which the capacity would be released. Offers shall be

binding unless written or electronic notice of withdrawal is

received by Bobcat prior to the close of the applicable bid

period; provided, however, such withdrawal shall only be valid if

such Customer has an unanticipated requirement for such capacity

and no minimum bid has been made. The notice must contain the

reason for withdrawal, which Bobcat shall post on its Internet Web

Site. The offer shall contain the following minimum information:

 

(a) Customer's legal name and the name/title of individual who

has authorized the offer to release;

 

(b) Bobcat's Storage Service Agreement number;

 

(c) A description of the capacity to be released, including the

MSQ, the MDIQ, and the MDWQ, and the associated Point(s) of

Receipt and Point(s) of Delivery (Replacement Customer may

request changes to such Point(s) of Receipt and Point(s) of

Delivery subject to the proposed release and subject to the

daily quantity limitations described in Section 4.2 of these

General Terms and Conditions);

 

(d) The proposed effective date and term of the release;

 

(e) The identity of any pre-arranged designated Replacement

Customer and the full terms of such pre-arranged release;

 

(f) The method to be applied in evaluating bids, allocating

capacity and breaking ties, as described below;