Mississippi River Transmission Corp.
Third Revised Volume No. 1
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Effective Date: 05/01/1996, Docket: RP96-199-000, Status: Effective
Second Revised Sheet No. 168 Second Revised Sheet No. 168 : Superseded
Superseding: First Revised Sheet No. 168
GENERAL TERMS AND CONDITIONS
14. CAPACITY RELEASE (Continued)
(ii) A bidding period will be conducted from 11:00
a.m. CT to l:00 p.m. CT on the same business day that the
Release Offer is posted.
(iii) MRT shall notify the Winning Bidder by 3:00 p.m.
CT on the same business day that the Release Offer is
(iv) The Winning Bidder must submit an executed
Addendum to its Master Capacity Release Agreement with its
nomination in order to become a Replacement Customer.
(c) Releasing Customers may request posting periods longer
than the applicable minimum periods set forth herein, and such
requested posting periods shall be set forth in the Releasing
Customer's Release Offer. However, no Release Offer shall be
posted on MRT's EBB for more than forty-five (45) calendar days.
(d) No changes will be allowed to Release Offers posted on
the EBB, but a Releasing Customer may withdraw its Release Offer
at any time before the close of the posting period if the
Releasing Customer notifies MRT in writing that the Releasing
Customer has an unanticipated need for the capacity.
14.5 Pre-Arranged Replacement Customers
(a) A Releasing Customer may pre-arrange to assign all or
any part of its firm capacity to any person or entity before
notifying MRT of its intent to release. If this occurs, the
Releasing Customer must include the name of its Pre-Arranged
Replacement Customer in the Release Offer transmitted to MRT's EBB
for posting pursuant to Section 14.3 or in the information
transmitted to MRT's EBB for posting pursuant to Sections
14.5(c)(i) and 14.5(d).
(b) A Pre-Arranged Replacement Customer that is not an
Approved Bidder must comply with Sections 14.6(a) and (b) before
it shall become a Replacement Customer.
(c) Any Releasing Customer with a Pre-Arranged Replacement
Customer may release its capacity for more than thirty-one days
subject to the following terms and conditions: