RATE SCHEDULE T-1
FIRM SERVICE
5. RIGHT OF FIRST REFUSAL (Continued)
5.1 Service Continuation (Continued)
5.12 Shipper agrees to match, the term of the Best Bid,
the Best Bid, as described in Subsection 5.23, for
the firm service being provided to Shipper, which
Company has offered in accordance with
Subsection 5.2, provided that Shipper executes an
amendment to its Service Agreement, within five (5)
business days of receipt of such amended Service
Agreement, reflecting the terms matched.
A Shipper with an expiring Service Agreement that
had a primary term greater than one year at the
Maximum Rate is not required to match a rate higher
than the Maximum Rate currently in effect for that
Transportation Path in order to retain its
contracted capacity.
If Shipper does not elect to continue service for
all or part of Shipper's contracted Maximum Receipt
Quantity in accordance with Subsection 5.11 and
Shipper elects to reserve its right to continue
service in accordance with this Subsection, Shipper
must so notify Company of its election, within
ten (10) business days of receiving notice from
Company of Company's intent to terminate in total or
in part the Service Agreement. No later than
one (1) business day of receiving notice of
Shipper's election under this Subsection, Company
will post the capacity in accordance with
Subsection 5.21. In the event that Shipper does not
notify Company of an election pursuant to either
Subsection 5.11 or this Subsection, Company shall
post, without a right of first refusal, all of
Shipper's capacity for Bids in accordance with
Subsection 26.2(a), or;
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Issued by: Raymond D. Neppl, Vice President
Issued on: May 3, 2006 Effective on: May 1, 2006
Filed to comply with order of the Federal Energy Regulatory Commission, Docket
No. RP06-72-000, issued April 28, 2006, 15 FERC ¶ 61,126 |