Overthrust Pipeline Company

First Revised Volume No. 1-A

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Effective Date: 06/17/1999, Docket: RP99-309-000, Status: Effective

Third Revised Sheet No. 51 Third Revised Sheet No. 51 : Superseded

Superseding: Second Revised Sheet No. 51

GENERAL TERMS AND CONDITIONS

 

ratio the quantity bid by those bidders bears to the total

quantity bid by all bidders multiplied by the quantity of

capacity released.

 

(e) If no bid is submitted meeting all of the

rates, terms and conditions in the releasing Shipper's

release notice, then no award of capacity shall be made.

 

(f) For a pre-arranged release, if no better

offer is received during a bid period or the pre-arranged

offer is for the applicable maximum reservation charge and

full term of the release, then the pre-arranged bidding

Shipper shall become the replacement Shipper. If the pre-

arranged release is for less than the applicable maximum

reservation charge and a better offer is received during the

bid period, the pre-arranged bidding Shipper shall have one

hour from the time notification is received from Overthrust

to match the better offer. If the pre-arranged bidding

Shipper fails to match the better offer, then the bidding

Shipper who presented the better offer shall become the

replacement Shipper.

 

(g) To document the award of the release of

capacity to the successful bidding Shipper, Overthrust will

place a service agreement between Overthrust and the

replacement Shipper on Questline conforming to the terms of

the Shipper's bid.

 

(h) A releasing Shipper shall retain all of the

capacity under its transportation service agreement that is

not acquired by a replacement Shipper.

 

(i) Unless Overthrust agrees otherwise in

writing, the original capacity holder will remain

responsible to Overthrust for payment of the reservation

charge throughout the original contract term irrespective of

any capacity release.

 

(j) If Overthrust agrees to release the original

capacity holder of its contract obligation, Overthrust will

not be obligated to provide service at a discounted rate to

a replacement Shipper under a permanent capacity assignment.