Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 11/01/1993, Docket: RS92- 43-004, Status: Effective

Original Sheet No. 161 Original Sheet No. 161 : Superseded

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

14. CAPACITY RELEASE (Continued)

 

(iv) The minimum and the maximum price for the

released capacity. Such rates shall be no less than MRT's

minimum applicable tariff reservation rate and shall not be

greater than the Maximum Firm Transportation Charge which

may be stated as a one-part rate no greater than the one

hundred percent (100%) load factor equivalent of MRT's

Maximum Firm Transportation Charge.

 

(v) The name of any Pre-Arranged Replacement

Customer, if the Releasing Customer has already found a

willing purchaser for its capacity.

 

(vi) An objective and nondiscriminatory economic

standard for determining the Winning Bid. If the Releasing

Customer fails to specify an economic standard, then

capacity will be awarded pursuant to Section 14.7(c).

 

(vii) Whether the Releasing Customer will accept any

Qualifying Bids with contingencies and the exact conditions

that must be met for the acceptance of such contingent

Qualifying Bids.

 

(viii) An objective, nondiscriminatory procedure to

select the Winning Bid if more than one Qualifying Bid for

the Release Offer is determined to be the Best Bid.

 

(ix) Any and all other objective, nondiscriminatory

terms and conditions of the Release Offer.

 

(b) The Releasing Customer may condition its Release Offer

on its ability to reclaim or recall all or any part of its

released capacity. The Releasing Customer's Release Offer shall

state in detail the conditions under which it will recall its

capacity. The Releasing Customer must comply with MRT's deadlines

for nominations in order for gas flow to begin when the

reclamation of the Releasing Customer's capacity becomes

effective.