Monroe Gas Storage Company, LLC
Original Volume No. 1
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Effective Date: 04/29/2009, Docket: RP09-447-000, Status: Effective
Original Sheet No. 146 Original Sheet No. 146
GENERAL TERMS AND CONDITIONS
(Continued)
8. CAPACITY RELEASE
Any Customer under Rate Schedule FSS may seek to release for assignment to
others any or all of its Firm service entitlements on a full day or an
intraday basis, on a permanent or a temporary basis, and on a firm or
recallable basis, subject to the following terms and conditions:
8.1 Notice of Offer. A Customer offering to release Firm service
entitlements shall notify Operator by way of the EIM System of the terms
of its offer by the posting deadline as determined pursuant to Section
8.3 below. Operator will post this information on the EIM System.
Customer may propose a prearranged designated Replacement Customer to
which the capacity would be released. Offers shall be binding unless
written or electronic notice of withdrawal is received by Operator 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 Operator shall post
on the EIM System. 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) Operator's Service Agreement number;
(c) A description of the capacity to be released. The offer must state the
MSQ, the MDRQ, the MDDQ, the MDIQ, and the MDWQ and the associated Point(s)
of Receipt and Point(s) of Delivery, subject to the proposed release, and
subject to the daily quantity limitations described in Section 8.2 below;
(d) The proposed effective date and term of the release;
(e) The identity of any prearranged designated Replacement Customer and the
full terms of such prearranged release, including whether the release is
to an asset manager, as defined in Section 284.8(h)(3) of the Commission’s
Regulations, and, if so, the asset manager’s obligation to deliver gas to,
or purchase gas from, the Releasing Customer, the volumetric level of the
obligation and the time period(s) such obligation will be in effect, or
whether the release is to a marketer participating in a state regulated
retail access program, as defined in Section 284.8(h)(4) of the Commission’s
Regulations;