K N Interstate Gas Transmission Co.

Second Revised Volume No. 1-B

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Effective Date: 07/10/1995, Docket: RP95-412-000, Status: Effective

Third Revised Sheet No. 48 Third Revised Sheet No. 48 : Superseded

Superseding: Second Revised Sheet No. 48

GENERAL TERMS AND CONDITIONS FOR SERVICES - continued

 

offering to meet all other terms and conditions of the release.

If more than one person offers the highest rate and meets the

terms and conditions of the release, the released capacity will

be given to the Shipper delivering the earliest bid to

Transporter (date and time received by Transporter). Released

capacity will be allocated by lottery among the requesting

Shippers in the event requests are received at the same time,

provided however, if the replacement Shipper designated in a

prearranged deal offers the highest rate, the capacity will be

allocated to the designated replacement Shipper. Transporter

will not refuse to provide service if the Shipper meets

Transporter's applicable tariff conditions.

 

b. The lottery will consist of replacement Shippers attempting to

match a random number posted on the electronic bulletin board.

The Shipper closest to the winning number, either over or

under, will win the lottery. In case of a tie, the procedure

will be repeated.

 

c. Releasing Shipper may designate in its release an alternate,

objective, non-discriminatory method for resolving the tie.

 

d. If no bids are received or accepted by Transporter, the

relinquishing Shipper shall retain the capacity and remain

liable for the reservation charge(s) and all applicable

commodity charge(s) under the executed service agreement.

 

e. Informational postings of releases not subject to bidding

(capacity release at maximum rate or prearranged releases with

a duration of thirty-one (31) days or less) will consist of the

information specified in Transporter's Notice by Shipper

Electing to Release Capacity.