Mississippi River Transmission Corp.
Third Revised Volume No. 1
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Effective Date: 11/01/1993, Docket: RS92- 43-004, Status: Effective
Original Sheet No. 161 Original Sheet No. 161 : Superseded
GENERAL TERMS AND CONDITIONS
14. CAPACITY RELEASE (Continued)
(iv) The minimum and the maximum price for the
released capacity. Such rates shall be no less than MRT's
minimum applicable tariff reservation rate and shall not be
greater than the Maximum Firm Transportation Charge which
may be stated as a one-part rate no greater than the one
hundred percent (100%) load factor equivalent of MRT's
Maximum Firm Transportation Charge.
(v) The name of any Pre-Arranged Replacement
Customer, if the Releasing Customer has already found a
willing purchaser for its capacity.
(vi) An objective and nondiscriminatory economic
standard for determining the Winning Bid. If the Releasing
Customer fails to specify an economic standard, then
capacity will be awarded pursuant to Section 14.7(c).
(vii) Whether the Releasing Customer will accept any
Qualifying Bids with contingencies and the exact conditions
that must be met for the acceptance of such contingent
(viii) An objective, nondiscriminatory procedure to
select the Winning Bid if more than one Qualifying Bid for
the Release Offer is determined to be the Best Bid.
(ix) Any and all other objective, nondiscriminatory
terms and conditions of the Release Offer.
(b) The Releasing Customer may condition its Release Offer
on its ability to reclaim or recall all or any part of its
released capacity. The Releasing Customer's Release Offer shall
state in detail the conditions under which it will recall its
capacity. The Releasing Customer must comply with MRT's deadlines
for nominations in order for gas flow to begin when the
reclamation of the Releasing Customer's capacity becomes