Williams Natural Gas Company
Second Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 10/01/1993, Docket: RS92- 12-003, Status: Effective
Original Sheet No. 216 Original Sheet No. 216 : Superseded
GENERAL TERMS AND CONDITIONS
6. RIGHT OF FIRST REFUSAL AT EXPIRATION OF AGREEMENTS (Cont'd)
To ensure that competing bids are bona fide, the bidding party
must tender a prepayment and meet the credit-worthiness
requirements, both as set forth in Article 8.
6.4 No Bids Received
If no bids are received, service may continue at a negotiated
rate and term, but in no event shall WNG be required to provide
service at less than maximum rates. If no bids are received and
the existing capacity holder bids the maximum rate, the existing
capacity holder may choose any term for the new service agreement
consistent with Article 7.
6.5 Acceptance of Bids
WNG is not required to provide service at any rate less than the
maximum rate is, or charge is, specified on Tariff Sheet No. 6 or
7. SERVICE AGREEMENT AND TERM
The rights and obligations of WNG and each Shipper shall be governed
by the executed service agreement between the parties.
The term shall be governed by mutual agreement. Agreements for
service having a primary term of less than five years shall not
contain evergreen provisions. Agreements for service having a
primary term of at least five years will continue for successive five
year terms thereafter, unless cancelled, effective at the end of the
primary term or at the end of any subsequent five year term, by two
years advance written notice by either party.
Service agreements and the terms thereof are governed by the Natural
Gas Act, the Natural Gas Policy Act and FERC regulations promulgated