MIGC LLC
Second Revised Volume No. 1
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Effective Date: 05/31/2009, Docket: RP09-563-000, Status: Effective
First Revised Sheet No. 84A First Revised Sheet No. 84A
Superseding: Original Sheet No. 84A
TRANSPORTATION GENERAL TERMS AND CONDITIONS
(Continued)
Intraday 1 Cycle: For prearranged deals not subject to bid and posted by
9:00 A.M. (8:00 A.M. Mountain Clock Time), MIGC shall tender a contract
(with a new contract number, when applicable) to such Prearranged Shipper
by 10:00 A.M. Central Clock Time (9:00 A.M. Mountain clock Time) on the day
on which MIGC receives notification of the Prearranged Release.
Intraday 2 Cycle: For prearranged deals not subject to bid and posted by
4:00 P.M. (3:00 P.M. Mountain Clock Time), MIGC shall tender a contract
(with a new contract number, when applicable) to such Prearranged Shipper
by 5:00 P.M. Central Clock Time (4:00 P.M. Mountain clock Time) on the day
on which MIGC receives notification of the Prearranged Release.
For all of the cycles above under this section (c), the Prearranged
Shipper may initiate confirmation of the prearranged deals electronically
or by fax. For all non-biddable release cycles above, the Prearranged
Shipper may make nominations at the next available nomination cycle for
the effective date of the contract.
2. Notice Required by Releasing Shipper and Pipeline
(a) Releasing Shipper's Notice - A firm Shipper that wants to
release any or all of its capacity must submit to MIGC a Notice of Offer to
Release Capacity and Term Sheet. The Notice of Offer to Release Capacity and
Term Sheet must be received by MIGC no later than fifteen minutes prior to
the respective posting deadline as determined pursuant to Section 17.1.
Such Releasing Shipper's Notice shall provide the terms and conditions of
the release as follows:
(1) The period of time or term of the release; whether the
release is on a permanent or temporary basis.
(2) Reput methods and rights should be specified at the time
of the deal. Reput methods and rights are individually negotiated between
the releasing Shipper and the replacement Shipper.
(3) Any special terms or conditions of the release including
the business day the bid period will end if other than the pipeline's standard
timeline as set forth in 17.1. A releasing Shipper will not be able to
specify an extension of the original bid period or of the prearranged deal
match period without posting a new release.