Texas Eastern Transmission Corporation

Sixth Revised Volume No. 1

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Effective Date: 03/27/2000, Docket: RP00-535-000, Status: Suspended

Fifth Revised Sheet No. 465 Fifth Revised Sheet No. 465 : Suspended

Superseding: Fourth 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; provided, however, through September 30, 2002, or

any later date established by the Commission, the foregoing requirements shall

apply to any capacity release transaction for any period of thirty-one (31) days

or less, regardless of the rate applicable to the 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 LINK® 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