Caledonia Gas And Storage
Original Volume No. 1
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Effective Date: 12/05/2007, Docket: RP08- 57-000, Status: Effective
Original Sheet No. 11A Original Sheet No. 11A : Effective
(c) Exercise of Right of First Refusal.
(1) Not less than twelve (12) months prior to the expiration of an FSS
Agreement containing a Right of First Refusal provision, Customer must provide
written notice to Caledonia of its intent to exercise any Right of First
Refusal provisions applicable under the FSS Service Agreement. Failure by the
Customer to give Caledonia the notice specified in this section will result in
the automatic abandonment of the entitlement and the Customer’s right to the
subject capacity at the end of the contract term will
cease.
(2) Not less than three (3) months prior to the termination or expiration of
an FSS Agreement containing a Right of First Refusal provision, an open
season will be held for the purpose of awarding the capacity that is to become
available upon the FSS Agreement’s termination or expiration. This open
season will be conducted pursuant to the