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