Midcoast Interstate Transmission, Inc.

Second Revised Volume No. 1

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Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective

Fourth Revised Sheet No. 94 Fourth Revised Sheet No. 94 : Effective

Superseding: THIRD REVISED SHEET NO. 94

GENERAL TERMS AND CONDITIONS (continued)

 

(b) Releasing Shipper may withdraw its Release Request, by

written or electronic notice of withdrawal to

Transporter, up to the close of the applicable Bidding

Period, where unanticipated circumstances justify and

no bid meeting the Releasing Shipper's minimum

requirements has been submitted.

 

(c) Any person seeking to acquire capacity shall post all

applicable information required by Section 3.9 on

Transporter's EBB system. Such request shall remain

posted for a period of one month or until a transaction

is consummated, whichever is shorter.

 

(d) Transporter makes no representation or warranty to any

party concerning the accuracy or completeness of any

posted information or concerning the willingness or

ability of any Releasing Shipper to release

transportation rights hereunder or of any Replacement

Shipper or person seeking capacity to accept

transportation rights hereunder. Transporter shall not

be liable to any party for any damages, of any nature

whatsoever, including without limitation, any special,

incidental or consequential damages, or any other kind

that may arise in connection with the posting of

information hereunder.

 

3.12 Bidding for Transportation Rights

 

(a) Persons that desire to bid on released transportation

rights are required to execute a Released

Transportation Contract and, in addition, may pre-

qualify with Transporter demonstrating their

creditworthiness in the same manner and subject to the

same standards and procedures as required for Firm

Shippers as contained in the applicable Rate Schedule.

The creditworthiness requirement shall be continuing in

nature in the same manner and to the same extent as

prescribed for Firm Shippers as contained in the

applicable Rate Schedule. Transporter will waive the

creditworthiness requirement on a non-discriminatory