K N Interstate Gas Transmission Co.
Third Revised Volume No. 1-B
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Effective Date: 08/01/1996, Docket: RP96-296-000, Status: Effective
Original Sheet No. 54 Original Sheet No. 54 : Superseded
GENERAL TERMS AND CONDITIONS FOR SERVICES - continued
Such capacity releases will be posted on the
electronic bulletin board within forty-eight (48)
hours of the release for information purposes. A
short term release at the maximum rate may be
rolled over. For prearranged releases at less
than maximum rate, a releasing Shipper may not
roll over, extend or in any way continue a release
under this section without complying with the
notification and bidding requirements of this
section, and may not re-release to the same
replacement Shipper under this
section until thirty days after the first release
period has ended. Capacity releases for less than
one (1) month at maximum rate may be rolled over
if both parties notify Transporter no later than
one (1) day before the applicable nomination
deadline of their plan to roll over.
b. Assignment of capacity for periods less than one
(1) month may be posted on the EBB for bidding.
Such capacity releases will be posted on the EBB
for four (4) hours. Such releases must be
consummated within twenty-four (24) hours of
posting or within twenty-four (24) hours after the
Transporter receives the release notification,
whichever is later. At the releasing or
replacement Shipper's option, the gas may flow
after the twenty-four (24) hour period.
23.12 PAYMENT FOR RELEASED CAPACITY ACQUIRED
Payment for reservation, capacity and commodity charges
will be due as required under the applicable tariff
provisions for payment of such amounts in Section 10.