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.