Centerpoint Energy - Mississippi River
Third Revised Volume No. 1
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Effective Date: 04/01/2003, Docket: RP00-410-003, Status: Effective
Third Revised Sheet No. 163 Third Revised Sheet No. 163 : Effective
Superseding: Second Revised Sheet No. 163
GENERAL TERMS AND CONDITIONS
14. CAPACITY RELEASE (Continued)
(j) The term "Pre-Arranged Replacement Customer" shall mean a
person or entity who has entered into a Pre-Arranged Release with a
Releasing Customer for firm capacity rights.
(k) The term "Present Value" shall have the same meaning as unit
bid value calculated as set forth in Section 14.7(c) below.
(l) The term "Qualifying Bid" shall mean an offer from an
Approved Bidder to take assignment of capacity pursuant to a Release
Offer that meets the minimum terms and conditions of the Release Offer
and the terms and conditions of this tariff.
(m) The term "Release Offer" shall mean the information required
by Section 14.3 herein provided by a Releasing Customer that desires to
assign its Part 284 firm capacity, excluding any capacity certificated
pursuant to Part 157 of the Commission's regulations, to a Replacement
(n) The term "Releasing Customer" shall mean any Customer
holding firm capacity on MRT's system that desires to release its
capacity on a temporary or permanent basis subject to the terms and
conditions set forth in this Section 14.
(o) The term "Replacement Customer" shall mean a Customer
receiving firm capacity rights of a Releasing Customer pursuant to a
Release Offer under this Section 14.
(p) The term "Winning Bid" shall mean the Best Bid as determined
by Section 14.7 herein.
(q) The term "Winning Bidder" shall mean the Approved Bidder
that submits the Winning Bid or, as applicable, a Pre-Arranged
Replacement Customer who exercises the right to match the Winning Bid
pursuant to Section 14.5(c)(ii) below.
(a) Any Releasing Customer may utilize the procedures set forth
in this Section 14 to offer to release all or any part of its Part 284
firm capacity on a temporary or permanent basis. A Releasing Customer
must utilize MRT's Internet web site for the posting of its Release
Offer for bid as set forth herein or for the transmittal of information
for posting to MRT's Internet web site pursuant to Sections 14.5(c)(i)