Ngo Transmission, Inc.

Original Volume No. 1

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Effective Date: 11/22/2003, Docket: RP04- 67-000, Status: Effective

Original Sheet No. 75 Original Sheet No. 75 : Effective

 

(g) The nature of the Shipper's business and the effect on that

business of general economic conditions and economic

conditions specific to it, including Shipper's ability to

recover the costs of Transporter's services through filings

with regulatory agencies or otherwise to pass on such costs

to its customers.

 

(h) Any other information, including any information provided by

Shipper, that is relevant to Shipper's current and future

financial strength and Shipper's ability to make full

payment over the term of the contract.

 

7. TERMINATION OF AGREEMENTS

 

7.1 Termination of Long-Term Firm Service Agreements: Any Shipper

with a Long Term (having a term of twelve or more months) firm

service agreement at the maximum applicable tariff rate shall be

eligible to exercise a right of first refusal to continue to

receive service pursuant to the procedure outlined in this

Section. If a Shipper desires to invoke its right of first

refusal, it must notify Transporter at least ten (10) months prior

to the expiration of such firm service agreement, unless

Transporter and Shipper agree on a difference period, by a means

provided under Section 16 of these General Terms and Conditions,

or it will waive such rights. If such a notice is received by

Transporter, the following procedures will apply:

 

(a) Transporter shall post, or otherwise make the capacity available,

for bidding at least sixty (60) days prior to the termination of

the firm service agreement. The capacity will remain posted for a

minimum of ten (10) days. Such posting shall contain the

following information with respect to the capacity:

 

(i) daily and other applicable quantity limitations of

capacity available;

 

(ii) primary receipt and delivery points;

 

(iii) maximum reservation charge as set forth in this

Tariff;

 

(iv) any applicable restrictions; and

 

(v) the last day of the Bidding Period.