Texas Eastern Transmission Corporation

Sixth Revised Volume No. 1

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Effective Date: 04/01/1997, Docket: RP97- 3-002, Status: Effective

Fourth Revised Sheet No. 465 Fourth Revised Sheet No. 465 : Superseded

Superseding: Third Revised Sheet No. 465

GENERAL TERMS AND CONDITIONS

(Continued)

 

to the effective date of the release as specified in

Customer's Notice. A Prearranged Customer may not

consummate a release with any Customer which utilizes the

same capacity or overlaps such capacity without such release

being subject to the bidding requirement if such Customer

has, within the prior twenty-eight (28) consecutive days,

released capacity to such Prearranged Customer, which prior

release was not subject to the bidding requirements for any

reason other than the fact that the Prearranged Customer was

paying maximum rates for such prior release. All other

provisions of this Section 3.14 shall apply, including

Customer's obligations under Section 3.14(G)(2).

 

(D) Notice Required by Customer and Pipeline:

 

(1) Customer's Notice

 

A firm Customer that wants to release any or all of its

capacity must notify Pipeline via the LINKþ System or,

where applicable, by electronic data interchange by the

Posting Deadline as determined pursuant to Section

3.14(B) herein. Such Customer's Notice shall provide

the terms and conditions of the release as follows:

 

(a) on a permanent or temporary basis,

(b) on a firm or recallable basis, and if recallable,

reput methods and rights associated with returning

the previously recalled capacity to the

Replacement Customer,

(c) the business day the Bid Period will expire if

other than Pipeline's default as outlined in

Section 3.14(B) herein. The Customer will not be

able to specify an extension of the original Bid

Period or the prearranged deal Match Period

without posting a new release.

(d) the specific description including a numeric

quantity of the capacity rights to be released at

a specific location (e.g. station to station,

meter to meter, by zone or by portion thereof, or

multiple zone, single transaction). The basis for

the released quantity shall be per day for

transportation, storage injection, storage

withdrawal, and a per-release quantity for storage

capacity and total release period quantity.

(e) the releasing agreement,

(f) the period of time or term, including any

objective, not unduly discriminatory right of

recall,

(g) any Prearranged Customer proposed to obtain

released capacity under the rates, terms and

conditions contained in the Customer's Notice,

(h) the minimum Reservation Charge, if any, or, if the

Customer elects, the minimum Reservation Charge