Trunkline Gas Company

First Revised Volume No. 1

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Effective Date: 09/01/1993, Docket: RS92- 25-005, Status: Effective

Sub Original Sheet No. 201 Sub Original Sheet No. 201 : Effective

 

GENERAL TERMS AND CONDITIONS

(Continued)

 

 

11. ROLLOVER RIGHT AND RIGHT OF FIRST REFUSAL (Continued)

 

(B) Shipper shall be permitted to designate a Quantity of Gas

less than its existing MDQ which Shipper wishes to retain

under the Right of First Refusal.

 

(C) Shipper shall respond to Trunkline within thirty (30) days

after Trunkline's notification whether it will match the

economic value of the offer for the Quantity of Gas Shipper

wishes to retain as defined in Section 10.3 herein; provided

that for purposes of the value comparisons under this

Section, the rate utilized shall not exceed the Maximum Rate

that can be charged the Shipper for its existing service.

 

(D) If Shipper agrees to match the economic value of such offer

for the Quantity of Gas Shipper wishes to retain, Shipper

shall execute a new Service Agreement matching the economic

value of the offer within thirty (30) days after Trunkline

tenders the Service Agreement to Shipper.

 

11.4 Trunkline shall not be obligated to tender, execute or extend a

Service Agreement for service at any rate less than the Maximum

Rate set forth on the effective Tariff Sheets applicable to the

service requested. It shall be within Trunkline's sole discretion

to tender, execute or extend a Service Agreement at any rate and

economic value less than the applicable Maximum Rate and economic

value for the service requested.

 

11.5 A party desiring to bid on capacity that is subject to a right of

first refusal must first meet all of the requirements for a

request for service set forth in Section 2 herein, including

submission of the applicable payment under Section 2.6 herein.

 

11.6 The provisions of this Section 11 shall not apply to firm

Transportation service initiated pursuant to the exercise of

conversion rights under Title 18 of the Code of Federal

Regulations, Section 284.10, and which took effect between

February 13, 1991 and May 18, 1992.