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. 67 Original Sheet No. 67

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

4. CAPACITY RELEASE (Continued)

 

4.3 Posting and Bidding Timeline (Continued)

 

(d) Releases Not Subject to Bidding. For proposed capacity

releases of a duration of thirty-one (31) Days or less for

which Releasing Customer has obtained a Prearranged

Replacement Customer and Releasing Customer elects not to

post such proposed capacity releases for bidding pursuant to

Section 4.3 of these General Terms and Conditions and all

other terms and conditions of the release are met, Releasing

Customer shall notify Bobcat by providing the information

pursuant to Section 4.1 of these General Terms and

Conditions, which information will be posted on Bobcat's

Internet Web Site as required by Section 4 of these General

Terms and Conditions.

 

The Prearranged Customer must initiate confirmation of prearranged

deals electronically. Bobcat will issue a contract within one

hour of notification of the release (with a new contract number,

when applicable). Nominations for Gas flow are possible beginning

at the next available nomination cycle for the effective date of

the contract. Such nominations will be processed in accordance

with the nomination and scheduling requirements of Section 7

(Nominations and Scheduling) of these General Terms and

Conditions; however, in no circumstance will Gas flow prior to the

effective date of the release as specified in Releasing Customer's

offer. A Prearranged Customer may not consummate a release with

any Customer that utilizes the same capacity or overlaps such

capacity without such release being subject to the bidding

requirement if such Customer has, within the prior twenty-eight

(28) consecutive Days, released capacity to such Prearranged

Customer, which prior release was not subject to the bidding

requirements.

 

Bobcat shall post offers and bids, including pre-arranged deals,

upon receipt, unless Releasing Customer requests otherwise. If

Releasing Customer requests a posting time, Bobcat shall support

such request insofar as it comports with the standard timeline. A

Releasing Customer cannot specify an extension of the original bid

period or the pre-arranged deal match period, without posting a

new release.