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;