East Tennessee Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 05/01/2000, Docket: RP00-245-000, Status: Effective

Second Revised Sheet No. 153 Second Revised Sheet No. 153 : Superseded

Superseding: First Revised Sheet No. 153

 

 

GENERAL TERMS AND CONDITIONS (Continued)

 

(f) For informational purposes only, Transporter shall post on

PASSKEY the identity of the winning Bidder as well as the

identity of all Bidders on the applicable Release Request.

 

(g) Prior to the commencement of service pursuant to a

permanent assignment, Transporter shall prepare and

transmit to the successful Bidder a LNGS Service Agreement

stating the Maximum Daily LNGS Quantity and Winter Season

Quantity, rates, term, Maximum Delivery Quantities at all

Primary Delivery Points, and governing rate schedule.

Transporter shall send to the Releasing Shipper a revised

Exhibit A to Releasing Shipper's LNGS Agreement in the

event of a partial assignment. Releasing Shipper shall

sign and return to Transporter within three days of the

date of its transmittal either new Exhibit A for a partial

assignment or a request for termination for a full

assignment of the entire LNGS Agreement. No permanent

assignment shall become effective until the Releasing

Shipper has signed and returned either a new Exhibit A or

a written request for termination.

 

18.8 Failure of Bidder to Honor Winning Bid - In the event a Bidder

is successful but does not accept the capacity attained by such

successful bid, then such Bidder shall forfeit the pre-payment

required under Section 5 and shall be barred from bidding for

released capacity for a three-year period.

 

18.9 Reassignment of Released Capacity - A Replacement Shipper shall

be allowed to release the capacity under its Storage Service

Agreement unless specifically precluded by the Releasing

Shipper.

 

18.10 Submission of Release Documents - Parties shall submit all

necessary information, Release Requests, and bids to Transporter

via PASSKEY.

 

18.11 Releases Permitted Without Prior Posting - Prior posting on

PASSKEY and competitive bidding will not be required if a Pre-

arranged Bidder has agreed to Transporter's maximum applicable

rates and to the maximum term and Release Quantity stated in the

Release Request provided that:

 

a) the Releasing Shipper provides Transporter with the

information specified in Section 18.2(a), (b), (c), (d),

(e),(f), (g), and (j) of Transporter's General Terms and

Conditions; and

 

b) prior to the commencement of service the Pre-arranged

Bidder enters into a Released Storage Service Agreement

with Transporter incorporating the information required by

this Section 18.11 and establishing creditworthiness

subject to the same standards and procedures as are

provided for Bidders in Section 18.5.