Mississippi River Transmission Corp.

Third Revised Volume No. 1

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Effective Date: 05/01/1997, Docket: RP97- 73-002, Status: Effective

Third Revised Sheet No. 169 Third Revised Sheet No. 169 : Superseded

Superseding: Second Revised Sheet No. 169

GENERAL TERMS AND CONDITIONS

(Continued)

 

14. CAPACITY RELEASE (Continued)

 

(i) If the Pre-Arranged Replacement Customer has agreed

to pay MRT's Maximum Firm Transportation Charge for the

released capacity, then the Releasing Customer must transmit

notice of this release to MRT's EBB not later than 9:00 a.m. CT

on the day nominations are due.

 

(ii) If a Releasing Customer brings a Pre-Arranged

Replacement Customer who has agreed to pay less than MRT's

Maximum Firm Transportation Charge, the Release Offer will be

posted on MRT's EBB and bids will be accepted for the Release

Offer in accordance with the applicable posting and award

periods set forth in Section 14.4. If more than one Qualifying

Bid is the Best Bid and the Release Offer does not specify a

tie breaking criterion, then MRT will use the tie breaking

criteria set forth in Section 14.7(b). If the Pre-Arranged

Replacement Customer agrees to match the Winning Bid, then it

will be awarded the capacity; otherwise the capacity will be

awarded to the Approved Bidder with the Winning Bid.

 

(d) Any Releasing Customer with a Pre-Arranged Replacement

Customer may release its capacity for any period of thirty-one (31)

days or less subject to the following terms and conditions:

 

(i) After arranging for the release of its capacity,

the Releasing Customer must transmit notice of this release to

MRT's EBB not later than 9:00 a.m. CT on the day nominations

are due.